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FTSE 100 group hires Wall Street boutique Moelis to advise on possible disposals
The Ladbrokes owner cited its withdrawal from 140 territories as part of efforts to clean up
UK gambling group names Eminence Capital boss to board weeks after exit of its chief executive
Group’s shares are 40 per cent down on level of 2021 all-stock offer
Wall Street fund becomes latest activist to push for change at FTSE 100 gambling group a day after CEO departs
Plus, a bright spot for Japanese M&A
Betting group’s stand-in boss has a hard job to restore confidence after share drop and costly M&A strategy
Departure of Jette Nygaard-Andersen comes after several costly acquisitions and company’s languishing share price
Jette Nygaard-Andersen faces rising investor frustration as shares languish and tightening regulation bites
UK-listed gambling company signs prosecution deal to end years-long probe
Hedge funds take aim at chief executive of UK gambling company
Net gaming revenue has risen, though the online sector is struggling
Shares in owner of Ladbrokes and Coral tumble as it blames slowdown in part on UK government reforms
Group close to deal with UK authorities to resolve alleged bribery offences at former Turkish subsidiary
888 says Gambling Commission move brings possibility of losing its right to operate
HG Vora upped its holding after group of former GVC directors went public with their own share
Former GVC chief joins vehicle buying stake in UK gambling group it sees as undervalued
Probe by UK tax authority to focus on bribery at gambling group’s old subsidiary
The UK-listed group’s 50/50 venture with BetMGM should start to pay off from 2025 onwards
Casino operator declines to make second bid for UK gambling group, scuppering investors’ hopes for payout
Owner of betting sites Ladbrokes and Coral under scrutiny
Record £17mn fine raises questions about ability of industry to change and efficacy of current regulation
Regulator finds Ladbrokes owner fell short over anti-money laundering and safer gambling rules
Electricals retailer and gaming group expect rising inflation to hit demand
Ladbrokes and Bwin owner says high-street gambling is close to pre-pandemic levels
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