Paddy Power and Betfair merge

[Playtime News Dog]

Huge merger in the gambling market: The Irish bookmaker company Paddy Power and the British online sports betting provider Betfair will become Paddy Power Betfair in the future. Paddy Power's previous shareholders will own 52 percent of the new company, while Betfair will own 48 percent, the two companies announced on Tuesday. Accordingly, a special dividend of 80 million euros will be distributed to the Paddy Power shareholders. Betfair investors will receive 0,4254 shares in the new company for each share.


Source: world

[CBJVikings]

So it seems that the consolidation in the market is far from complete...

[IndexP]

So it seems that the consolidation in the market is far from complete...

No definitely not.

Rumor has it that Bwin/Party and Sportingbet are next on the merger list.

[playtime slotti]

No definitely not.

Rumor has it that Bwin/Party and Sportingbet are next on the merger list.

The takeover of Bwin-Party has been decided and can, among other things news be found.