Betting companies limber up for autumn of dealmaking

Some of the most globally renowned betting groups are preparing for a round of multibillion pound dealmaking in an effort to establish industry dominance.

One of the first deals is set to be a previously thwarted merger between an Isle-of-Man headquartered online group GVC Holdings and UK bookmaker Ladbrokes Coral. According to sources, the two groups have already agreed the shape of a new executive team and board, and are getting ready to make the next steps.

At the same time, other well-known companies including William Hill, Paddy Power Betfair, 888 Holdings and Jackpotjoy are making their own plans to out-strategise their betting rivals.

The majority of the new deals are expected to be carried out after the outcome of the UK regulatory review is published later this month, according to interviews with more than 15 senior industry executives who revealed the information to the Financial Times on condition of anonymity.

As yet, the unknown impact on income that any regulatory reform would have makes it impossible to assess the value of gambling companies, which is leading rivals to prepare plans that can be put into action after its release.

David Jennings, head of leisure research at Davy, the Irish wealth managers, said "After the review, it won't be the commencement of talks, it will be the continuation of them."

Gambling groups are beginning to realise that greater scale can help to stave off the competition from newer, online businesses and increased regulatory scrutiny. Newly enlarged companies would be able to operate several different brands, but save money overall by unifying these systems into a single platform and single marketing budget.

In 2015, Paddy Power and Betfair spearheaded this movement by combining to create the world's largest gambling company, with an estimated value of £7bn. The two brands are still integrating, however, which makes it unlikely that they'll be engaging in more high-value deals anytime soon.

Share this article

Latest Businesses for Sale

Online Ladies Fashion (Vintage Style) Retailer (Fast Sale)
UK Wide

Offers required by May 17, 2020 - 6:00pm. Company ceased trading and has entered into Administration. The stock and assets belonging to an online ladies clothing retailer.

Asking Price: Offers Invited
Turnover: £2m - £3m

National Restaurant Chain (Fast Sale)
UK Wide

DEADLINE FOR OFFERS 5pm Tuesday 14th April 2020. An opportunity to purchase a UK based chain of restaurants. The trade and assets of the Company are offered for sale. This includes certain goodwill, intellectual property, catering equipment and furn...

Asking Price: Offers Invited
Turnover: £64,929,000


Contract Electronics Manufacturing Services
UK Wide

Specialists in New Product Introductions (NPI) to small and medium batch production.Renowned for responsive, fast turnaround solutions for highly complex assemblies. Volume manufacturing partnership with a company in the Far East. An established busi...

Asking Price: Offers Invited
Turnover: £17,000,000

View more businesses for sale

Search Insights

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources