Lack of growth is driving consolidation in UK gambling industry

Discussing the UK gambling industry in a Proactive Investors interview Friday, Market analyst Stephen Schutte said a lack of growth is the main driving force behind the wave of consolidation deals among UK bookmakers, and that smart bookmakers ensure they have digital as well as land-based operations.

In a wide ranging discussion Schutte talked about the impact of the Ladbrokes-Coral merger (see previous reports) and whether it would prompt William Hill to make further acquisitions. He also discussed the short sellers and Betfair, and Playtech‘s prospects.

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