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Ladbrokes in talks over potential Betdaq acquisition

7th January 2013 9:14 am GMT

UK bookmaker Ladbrokes has confirmed that it is in discussions regarding a potential future acquisition of Irish betting exchange operator Betdaq.

After recent failed acquisition attempts with 888 and Sportingbet, as well as a brief flirtation with Playtech, Ladbrokes is looking to boost its online arm with the purchase of Betfair rival Betdaq.

Founded in 2000 by Irish billionaire Dermot Desmond, Betdaq is the trading arm of Global Betting Exchange and operates a peer-to-peer betting exchange as [...]

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