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SportingBet and 888 Likely Gambling Merger Targets

But US positions will have to be resolved first
 
In a speculative article this week the Reuters news agency considered the online gambling scene following the merger between giants Party Gaming and Bwin Interactive, commenting that 888 and Sportingbet are possible future takeover targets as the industry consolidates, but only once their legal liabilities in the US market are cleared.
 
The article points out that serious negotiations in the Party Gaming – Bwin merger were only concluded once Party Gaming had secured its $105 million settlement with US authorities.
 
“A resolution would clear the way for the [888 and Sportingbet] companies to re-enter the lucrative U.S. market should moves to overturn the 2006 legislation succeed, making them more attractive to buyers,” the piece notes, quoting various industry analysts.
 
Sportingbet would hold the most appeal to potential bidders, analysts said, pointing to its very strong market positioning in Australia and commenting that Ladbrokes and William Hill could be interested in a takeover, along with the Bwin-Party Gaming combination.
 
KBC Peel Hunt's Nick Batram told Reuters: "There are a lot of people out there who would like to buy Sportingbet. The value in that business is in its very strong market position in Australia. Bwin isn't in Australia to any degree, while Ladbrokes and William Hill are not sizeable in Australia.”
 
Liberum Capital analyst Richard Taylor highlighted the strength of Sportingbet's sports-betting business, which he said had one of the best gross margins in the sector at around 10 percent. In addition, he said Sportingbet's management was open to a bid, having previously stated up to 55 percent of their cost base could be removed.
 
Turning to 888, Batram told Reuters that 888's attraction would be the potential for cost savings in a tie-up with a rival online gaming operator, and he speculated that the combined Party/Bwin might be a possible buyer.
 
"If 888 is still on the market by the time that Bwin and Party do their stuff, it's an obvious one for them because they both use 888 as a supplier," he said, although he accepted that the founding Shaked family, who hold a controlling stake of over 50 percent, might prove unwilling to negotiate at the current price.



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International Table Tennis Federation in deal with Sportradar. - The International Table Tennis Federation (ITTF) has today announced it has signed a brand-new integrity partnership with Sportradar utilising the organisation’s world-leading monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing.

NBA odds on Thunder vs. Pacers Game? - This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.

2 New Christmas Slots For Microgaming - Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.

SportsBetting Supreme Court Showdown - Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)

Mega Moolah Progressive Slot Pays Again - On 15 November 2017, the Mega Moolah jackpot was won by a Grand Mondial Casino player. They took home €938,306.35.

Microgame S.p.A. in deal with Prima Networks - Prima Networks, powered by Microgaming, has signed a deal with Microgame S.p.A., the leading Italian gaming service provider.

NBA Odds: Heat Can Burn Cavaliers in Cleveland - The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.

Games Concept Day in Malta - The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.

AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

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