Sportingbet eyeing mergers
8 Oct 2010
LONDON, England -- Sportingbet, perceived as a hot target for takeover, denies it is up for sale, The Telegraph reported.
In the words of CEO Andrew McIver they're not talking to anyone, and would prefer consolidation, the report said.
Revenue results show net gaming is up 17 percent during the first two months of the year, but profits were impacted by the US payout, The Telegraph report explained.