Choose an online casino in which to play

Online casino news and another failed takeover bid

By admin on 2015-03-25 10:23:46

Under normal circumstances at this time of the month we would be looking specifically at Irish online casino news here at onlinecasino.ie, but as our main online casino operators appear to be just quietly getting on with the job we’ve decided to take a quick look at the online casino sector as a whole. What has become clear over recent months is that there is an appetite for consolidation amongst the major online casino and sports gambling companies, and the stock market is eagerly awaiting the first move. Unfortunately it appears that concluding a successful takeover deal is proving very difficult to achieve. The latest to fail in this regard is William Hill who are reported to have offered 200p a share for 888 Holdings only to be thwarted by one major 888 stakeholder. In the short term that one stakeholder may be proved right because there is no doubt that 888 Holdings has been one of the best performers in the online casino sector since chief executive Brian Mattingly took over three years ago and were again able to release good annual figures yesterday, but some analysts are wondering whether that growth can be sustained much longer without going on the acquisition trail themselves. One possible target could be Bwin party, but Bwin have been been the subject of long negotiations with Canada’s Amaya Gambling for months now and it appears that this deal is proving equally elusive. One way or another the big players in the online casino and online sports gambling sector must eventually come to a deal, so keep an eye on our regular casino news features particularly if you are a share holder.