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Boylesports takeover bid for Ladbrokes Irish retail arm
Monday June 22,2015 : BOYLESPORTS POISED TO MAKE LADBROKES’ IRISH RETAIL TAKEOVER BID (Update)
Bid estimated to be in excess of Euro 25 million
Irish bookmaker Boylesports is poised to proceed with a Euro 25 million-plus takeover bid for Ladbrokes’ Irish retail arm, the business section of Ireland's largest-selling daily newspaper, The Independent, reported over the weekend.
Boylesports recently lost a High Court legal challenge for access to sensitive information on Ladbrokes’ loss-making Irish retail business which was placed under High Court protection earlier this year .
The company wanted information from examiner Ken Fennell of Deloitte on Ladbrokes Ireland’s individual store turnover, the number of betting slips issued by each shop and existing leases before making a bid.
According to The Independent, Boylesports founder and chief executive John Boyle confirmed the company remained committed to making a bid for the retail business despite losing the legal challenge.
Ladbrokes’ retail estate comprises 196 shops, of which Boylesports said it may look at closing eight should it make a successful bid, significantly less than Ladbrokes’ expected closure of as many as sixty.
Gambling News :
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
NY Rangers vs. Devils on 12/21 -
When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.
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