Negotiations between Ladbrokes and Sportingbet suspended
Bookmakers Top Buchmacher

Negotiations between Ladbrokes and Sportingbet suspended

The largest British companies of online gambling Sportingbet and operator of sporting stakes Ladbrokes suspended negotiations about potential mergence. Different information about plans of both companies has appeared in mass-media. The main reason for negotiations suspension is the problem of profitability of merging division and complexity of Sportingbet with its Turkish site. As representatives of the bookmaker firms have announced, the negotiations suspension was a mutual agreement. Mergence of these companies could have become historical since such powerful bureaus could have won the major part of gambling games market not only in Europe but also in Asia and Australia.

From the latest rumors it is known that in general prices of Sportingbet bookmaker's shares fell in price even by 18%. In its turn after confirmation of the information about negotiations suspension the cost of Ladbrokes shares decreased only by 2%.