Companies

Dec 11, 2017

Ladbrokes looming regulation in UK a stark contrast to Australian Labor

Ever heard of a takeover bid where the amount of cash paid to shareholders is contingent on an upcoming regulatory decision? That’s what British gambling giants GVC and Lad

Stephen Mayne — Journalist and Founder

Stephen Mayne

Journalist and Founder

Ever heard of a takeover bid where the amount of cash paid to shareholders is contingent on an upcoming regulatory decision?

That’s what British gambling giants GVC and Ladbrokes came up with last week as they attempt to create a $10 billion gambling behemoth amidst a regulatory crackdown in the UK.

Free Trial

Proudly annoying those in power since 2000.

Sign up for a FREE 21-day trial to keep reading and get the best of Crikey straight to your inbox

By starting a free trial, you agree to accept Crikey’s terms and conditions

3 comments

Leave a comment

3 thoughts on “Ladbrokes looming regulation in UK a stark contrast to Australian Labor

  1. Zeke

    Shouldn’t we just call gambling a tax on stupidity? Even so, we shouldn’t be encouraging it or allowing them time to advertise their poison on TV/media.

  2. gerald butler

    I saw a film of the cops throwing poker machines into the Mississippi River. In Australia I have a 10kg sledge hammer and would gladly help if the extortion monsters were banned.

  3. AR

    No matter how illegal one makes gambling, some people will bet on drips on a window pane.
    The best/least worst response is to tax the bejasus out it.

Share this article with a friend

Just fill out the fields below and we'll send your friend a link to this article along with a message from you.

Your details

Your friend's details

Sending...