Monday, November 13, 2006

888 could be made swallow

Weakened by the prohibition of the play on line in the United States, 888.comcould be the target of a repurchase of Ladbrokes. The British chain of shops of bets, which studies a possible offer, would be ready to spend according to the press 470 million books, that is to say 703 million euros. 888 weighed Friday 372,5 million books to London Stock Exchange, after having lost about half of its value since last month. The vote of the American law could start a wave of consolidation according to analysts', with the entry in string of groups of more traditional plays like Ladbrokes or William Hill.