Gambling industry bets on mergers and acquisitions

The UK gambling industry is betting on a wave of mergers and acquisitions to secure a more profitable future. A raft of big deals this year include the £2.3bn tie-up between Ladbrokes and Gala Coral in July, a £6bn merger of Betfair and Paddy Power in August, and GVC’s £1.1bn ($1.5bn) acquisition of Bwin.party in September. Read more

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