Number Crunching – Takeover proposal, Cherry buyout and first time ICE exhibitors

Number Crunching – Takeover proposal, Cherry buyout and first time ICE exhibitors

Thursday, December 15, 2016
A breakdown of some of the more interesting figures to emerge from the gambling industry in the past seven days.

£3.2 billion - The reported value of the proposal that GVC governance have asked its advisors to put together for a reverse takeover of Ladbrokes Coral assets.

51% - The remaining percentage of shares that Cherry Gaming AB has executed its right to purchase from European operator ComeOn for a maximum consideration of €280 million. Last July, Cherry acquired the first 49% of equity for a shares and cash combined value of €80 million.

91 - The number of first time exhibitors confirmed for ICE Totally Gaming in February 2017. Of these 91 gaming organisations, the most represented countries are the United Kingdom (17), Malta (13), United States (6), China, Cyprus and Taiwan (all 4).

$40 billion - The amount that analysts CSLA say that Japan's casino market could be worth each year. A bill to allow casino gaming in Japan has been pushed through by Prime Minister Shinzo Abe to boost the country's economy.

DKK 4.6 billion - The estimated value of the Danish online gambling market, which LeoVegas has entered by launching its mobile-centric igaming services. The operator had already secured a Danish online gambling license having met the required standards of the Danish Gambling Authority.

£9,000 - The amount that William Hill will donate to Parkinson's UK charity for every 'Nine-Darter' at this year's World Darts Championships, which starts today. There have been nine previous ‘nine-dart’ finishes at the Alexandra Palace, with Dutchman Raymond van Barneveld hitting the first in 2009.

£1.12 million - The value of Oulala's new funding round from private investors, which will be used by the DFS operator to gain more traction in the B2B landscape. The company has also announced the hiring of Oliver Niner as Business Development Director and Anthony Medica as Sales Director.

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