M&A Deal Summary

Ladbrokes Coral Acquires Eskander s Betstar Pty

On April 9, 2014, Ladbrokes Coral acquired gaming company Eskander s Betstar Pty for 12M GBP

Acquisition Highlights
  • This is Ladbrokes Coral’s 2nd transaction in the Gaming sector.
  • This is Ladbrokes Coral’s 3rd largest (disclosed) transaction.
  • This is Ladbrokes Coral’s 2nd transaction in Australia.

M&A Deal Summary

Date 2014-04-09
Target Eskander s Betstar Pty
Sector Gaming
Buyer(s) Ladbrokes Coral
Deal Type Add-on Acquisition
Deal Value 12M GBP

Target

Eskander s Betstar Pty

Port Melbourne, Australia
Eskander's Betstar Pty Ltd. is a private bookmaker in Australia. Betstar has approximately 40,000 registered customers, company offers up to the minute markets and competitive odds on a range of national and international sports.

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Buyer(S) 1

Buyer

Ladbrokes Coral

London, United Kingdom

Category Company
Founded 1886
Sector Gaming
Employees14,340
Revenue 1.2B GBP (2015)
DESCRIPTION

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.


DEAL STATS #
Overall 6 of 7
Sector: Gaming M&A 2 of 3
Type: Add-on Acquisition M&A Deals 3 of 3
Country: Australia M&A 2 of 2
Year: 2014 M&A 1 of 1
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-09-04 Gaming Investments Pty

Australia

Gaming Investments Pty Ltd. is a fast growing online sports betting business in Australia. GIPL's business includes Bookmaker.com.au Pty Ltd ("BPL"), operator of the online bookmaker Bookmaker.com.au and Panda Gaming Pty Ltd ("PGPL"), operator of an extensive racing and sports focused affiliate network in Australia.

Buy AU$23M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-10-26 Gala Coral Group

Essex, United Kingdom

Gala Coral Group Ltd. is a fast growing UK retail gaming company, Gala operates successfully in the UK bingo casino, licensed betting offices and multimedia gaming markets. It is by some margin the largest bingo operator in the UK.

Buy -