Ladbrokes and Betdaq Involved in Acquisition Talks

UK Gambling giant, Ladbrokes, has confirmed that it is currently involved in talks to acquire Betdaq, the Irish betting exchange platform, from its tycoon owner, Dermot Desmond. However, Ladbrokes has made it quite clear that there is no guarantee that any agreement will be reached between them and the betting exchange. It has been rumored that Ladbrokes could pay up to £30 million for the acquisition if the deal materializes. Ladbrokes already uses Betdaq’s technology in order to price … [Read more...]