Lotteries and keno float for Tabcorp Holdings Limited worldcasinodirectory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from worldcasinodirectory.com Daily Mail and Mail on Sunday newspapers.
May 28, 2021
In Australia and antipodean iGaming pioneer Matthew Tripp (pictured) has reportedly become the third party to make an official play for the wagering and media business of local bookmaker Tabcorp Holdings Limited.
According to a report from The Australian Financial Review newspaper, the man who helped to establish online sportsbetting firm BetEasy Proprietary Limited has lodged a non-binding cash-and-scrip offer through his new BetMakers Technology Group Limited entity worth in the region of $3.1 billion. The proposed deal would purportedly see his latest endeavor hand over in the region of $768 million in cash as well as shares worth around $2.3 billion so as to take over the enterprise responsible for an estate of roughly 4,400 land-based sportsbooks spread across the length and breadth of Australia.
May 7, 2021
American private equity behemoth Apollo Global Management Incorporated has reportedly joined the race to buy the wagering and media business of Australian bookmaker Tabcorp Holdings Limited after lodging an official bid worth in the region of $3.1 billion.
According to a Thursday report from The Sydney Morning Herald newspaper, the all-cash move comes a little over a week after British land-based and online sportsbook operator Entain made an improved $2.7 billion offer of its own for the same segments of the Melbourne-headquartered firm. This proposition is currently being considered and may well purportedly soon be followed by a second rival tender from American media conglomerate Fox Corporation in partnership with local iGaming pioneer Matthew Tripp.
Renewed Tabcorp Holdings Limited interest from Entain worldcasinodirectory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from worldcasinodirectory.com Daily Mail and Mail on Sunday newspapers.
March 10, 2021
Newly-enlarged American casino operator Caesars Entertainment Incorporated is reportedly expecting to complete its $3.7 billion acquisition of London-listed land-based and online sportsbetting giant William Hill by the first day of April.
According to a report from the news domain at iGamingBusiness.com, the Las Vegas-headquartered behemoth had earlier revealed that it anticipated being able to finalize the purchase during the second quarter of the year after receiving all of the necessary regulatory approvals. But the source detailed that this essential process has been moving at pace and could now be finished by as early as March 23 pending any last-minute hiccups.