Gambling Mergers And Acquisitions
Traditionally, mergers and acquisitions were a cost-cutting measure; a way for one company to add long term value to its assets while streamlining by reducing staff. Compared to other industries however, the highly popular and lucrative gambling industry holds all of the cards. The online gambling industry has seen an increase of mergers and acquisitions in recent years. This has been caused by a number of factors including saturation of the market, consolidation in fragmented markets, the repeal of PASPA in the U.S and a greater desire for economies of scale. Below is a list of notable deals.
CasinoUK’s new infographic presents a timeline of mergers and acquisitions within the gambling industry.
From Gaming Corp and Gambling.com hooking up in 2005 to the Ladbrokes and Coral merging in October 2016, all gaming industry life is here.
Casino Mergers And Acquisitions
And as we examine the past, so CasinoUK also looks to imminent events such as the long-discussed FanDuel-DraftKings merger and the possibility that Tabcorp and Tatts could be about to create a bona fide gambling giant in the Southern Hemisphere.
