M&A Deal Summary

Ladbrokes Coral Acquires Gaming Investments Pty

On September 4, 2013, Ladbrokes Coral acquired gaming company Gaming Investments Pty for 23M AUD

Acquisition Highlights
  • This is Ladbrokes Coral’s 1st transaction in the Gaming sector.
  • This is Ladbrokes Coral’s 3rd largest (disclosed) transaction.
  • This is Ladbrokes Coral’s 1st transaction in Australia.

M&A Deal Summary

Date 2013-09-04
Target Gaming Investments Pty
Sector Gaming
Buyer(s) Ladbrokes Coral
Deal Type Add-on Acquisition
Deal Value 23M AUD

Target

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.

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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 5 of 7
Sector: Gaming M&A 1 of 3
Type: Add-on Acquisition M&A Deals 2 of 3
Country: Australia M&A 1 of 2
Year: 2013 M&A 3 of 3
Size (of disclosed) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-01-24 Global Betting Exchange

Dublin, Ireland

Global Betting Exchange Ltd. is a operator of the Betdaq exchange business. The company also provides GBE Kiosk, a sports book software that is installed on various kiosks.

Buy €30M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-09 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.

Buy £12M