Tag Archives: Competition and Markets Authority
UK – Authority launches merger inquiry into Evolution Gaming’s NetEnt acquisition
The Competition and Markets Authority (CMA) is considering whether Evolution Gaming’s planned takeover of NetEnt will result in a substantial lessening of competition within the UK market. In June, NetEnt’s board of directors recommended the takeover bid that values all shares in the firm to approximately SEK 19.6bn ($2.2bn). To assist with the assessment, the CMA…
UK – Competition and Markets Authority takes action against online companies
The Competition and Markets Authority in the UK is launching enforcement action against a number of online gambling operators suspected of breaking consumer law. As it steps up its investigation of the £4.5bn sector, the CMA is acting because it believes people aren’t getting the deal they expect from sign-up promotions and operators are unfairly…
UK – Gala Coral and Ladbrokes must sell up to 400 LBOs
The UK’s Competition and Markets Authority has ruled that Ladbrokes and Gala Coral will have to offload up to 400 licensed betting shops if they want to go ahead with their proposed £2.2bn merger. The Competition and Markets Authority said that operating more than 4,000 betting shops in the UK would create a problem but…
