M&A Deal Summary

Entain Acquires Ladbrokes Coral

On March 28, 2018, Entain acquired gaming company Ladbrokes Coral

Acquisition Highlights
  • This is Entain’s 2nd transaction in the Gaming sector.
  • This is Entain’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2018-03-28
Target Ladbrokes Coral
Sector Gaming
Buyer(s) Entain
Deal Type Add-on Acquisition

Target

Ladbrokes Coral

London, United Kingdom
Ladbrokes Coral plc is a multi-channel bookmaking and gaming company with an international reach, combining 230 years of heritage and looking forward to an exciting future. Ladbrokes Coral was formed in 1886 and is based in London.

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Buyer(S) 1

Buyer

Entain

London , United Kingdom
Category Company
Founded 2004
Sector Gaming
Employees21,212
Revenue 4.8B EUR (2023)
DESCRIPTION

Entain is a multinational sports betting and gaming group. Entain was founded in 2004 and is based in London, the United Kingdom.

DEAL STATS #
Overall 3 of 3
Sector (Gaming) 2 of 2
Type (Add-on Acquisition) 2 of 2
Country (United Kingdom) 1 of 1
Year (2018) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-03-05 Crystalbet

Tbilisi, Georgia

Crystalbet is one of the major online gaming operators in the Republic of Georgia. Crystalbet was launched in 2011 and holds licences to offer online gaming products, including sports betting, casino games, poker and peer-to-peer games throughout the fully regulated market of the Republic of Georgia.

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