Ladbrokes considers its options
After the news that 888.com and PartyGaming were considering the possibility of a merger, Ladbrokes have stated that they are observing the online gaming industry for potential opportunities.
A spokesman confirmed: “It would be unusual if we were not to look at opportunities in the sector. We are monitoring the situation. We would always look to increase shareholder value.”
Ladbrokes are hovering around the industry, evaluating their options, and hoping to pick up the best assets at reduced prices as many casino operators have seen the value of their operations slashed after the U.S. legislation was brought into law.
It is widely thought that the U.K will now become the centre of the online gambling industry, with widespread growth expected across Europe and Asia as many casino operators look to explore new possibilities.
Editor, Jackpot.co.uk - 2006-10-31 12:49:56