Will the latest bid talks be good Irish online casino news

Although this month’s online casino news does not relate specifically to Irish online casinos, both companies involved are well known in Ireland and their online gambling sites are well supported in the country. Sportingbet, the online bookmaker has confirmed that they have received a bid from William Hill in association with GVC Holdings of 52.5 pence per share. This bid has been rejected on the basis that it undervalues the business and its prospects, but analysts believe that Ralph Topping, the chief executive of William Hill would have expected his opening bid to be rejected and will be prepared to pay more. This is not the first major bid for Sportingbet and they have reportedly been in talks with a number of possible bidders in the past few months, most notably Ladbrokes, but that bid fell away because of concerns regarding Sportingbet’s online operations in the unregulated Turkish market. GVC Holdings have however already acquired Sportingbet’s Turkish language online business so this obstacle will not apply to the new joint bid. It could be argued that who owns who in the online casino business sector is irrelevant as far as online casino games players are concerned, but new casino games and improved site layouts and graphics all depend on investment by the online casino operators, so this could yet be a good piece of Irish casino news. Sportingbet are of course primarily known as an online bookmaker, but many of the other major players in the online casino sector were originally bookmakers, and have since expanded into the online casino market. Many of us who are enthusiastic online casino games players also enjoy gambling on sporting events, which in many cases we would probably do on the same site, so we will be interested to see whether this bid is successful and whether it eventually provides new online gaming opportunities.