Ladbrokes has opted to delay a planned business review presentation due to the ongoing talks over a possible merger with rival operator Gala Coral.
As reported by iGaming Business, both parties confirmed last week that they had begun discussions over the possibility of merging to form a larger operation.
The proposed deal would involve Ladbrokes and Gala Coral-operated Coral Retail, Eurobet Retail and the company’s online business.
Ladbrokes was due to make a business review presentation of its own tomorrow (Tuesday), but has now opted to defer this until further notice.
Upon announcing the delay, the bookmaker also confirmed that talks with Gala Coral are ongoing, but warned shareholders that there is no certainty that a deal will be reached with its rival operator.
