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Ladbrokes Not taking Over 888
10/7/09 - One of European online gambling's perennial chestnuts - that 888.com is about to be acquired by Ladbrokes - surfaced again Tuesday, sending ripples of interest through the London markets. As in previous incidents, there appeared to be little substance, with unidentified sources denying that such a move was in progress.
Reporting on the sudden surge of speculation, the Reuters news agency quoted reportage in the Daily Mail newspaper regarding an allegedly imminent bid by Ladbrokes of 139 pence a share, valuing 888 at around GBP 480 million.
Reuters sources were quick to scotch the rumour, commenting that there was no prospect of an acquisition in the immediate future.
"It's rubbish. These are old rumours doing the rounds again," one of the sources told the news agency.
KBC Peel Hunt analyst Nick Batram told Reuters that a deal is unlikely at the current time.
"Whilst I think Ladbrokes does have to do something strategic online, I think a bid for 888 at this point is highly unlikely. One reason is they haven't got the cash and, secondly, 888 wouldn't want the Ladbrokes paper," he said.
Ladbrokes and 888 both declined comment on the speculation.
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$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
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NHL Odds: Lone Canadian Team Plays on Friday -
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NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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