TSXV:NYX.DB - Post by User
Post by
Meekyon May 01, 2017 6:09pm
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Post# 26189213
M&A activity among leading operators this year!
M&A activity among leading operators this year! It is yet to be seen when and if Amaya will approach another gambling operator, but the growing competition in the space and the ever-changing regulatory environment suggest that there could be further M&A activity among leading operators this year.
Apart from Amaya, William Hill, 888 Holdings, and The Rank Group have, too, shown clear interest in the ongoing trend for major industry players to consolidate their operations and thus improve their profitability and competition capabilities. In fact, 888 and Rank Group approached William Hill last summer with two acquisition offers that were rejected by the latter. Despite last year’s failure, it will not be a surprise if these three make the headlines with M&A news in 2017.
https://www.casinonewsdaily.com/2017/04/30/pokerstars-parent-company-hires-william-hill-ma-expert/