Category: Ladbrokes
Ladbrokes and Coral agree £2.3bn merger
News out this morning that after talks, Coral and Ladbrokes will go ahead with their merger.
To fund the deal Ladbrokes will offer 93 million new shares to investors, representing 10% of the company. Ladbrokes will issue new ordinary shares to existing Coral shareholders representing 48.25% of the enlarged company. Existing Ladbrokes shareholders will then own 51.75% of the enlarged company.
The move will mean that the new company will be bigger than the current incumbent William Hill. In terms …
Using Bet Angel on the Ladbrokes exchange
With the launch of the new Ladbrokes exchange, we’ve had lots of people asking if we are going to produce Bet Angel for Ladbrokes?
But, in fact, we have already and it’s free. Basically BETDAQ Angel is already compatible with Ladbrokes because the Ladbrokes exchange is based on the Betdaq exchange model. All bets on the Ladbrokes exchange feed into Betdaq and vice versa.
So you can see how, we thought we would show you what happens on the Ladbrokes …
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