Ladbrokes acquires BetDaq in deal worth €30m

Ladbrokes (SBR rating A) has acquired BetDaq Sportsbook in a deal worth €30 million, which includes €15m in Ladbrokes shares. Ladbrokes will also acquire a 10% stake in TBH Guernsey Ltd, BetDaq's technology provider. The news is underscored by Ladrokes' CEO Richard Glynn making his first acquisition since taking the helm three years ago.

Glynn had balked on opportunities to purchase SportingBet, 888, as well as withdrew from discussions on CentreBet Australia.

According to a report, BetDaq cleared €2.8m after last year. BetDaq' gross assets were €35.4m.

Follow on twitter. SBR has been the leading online sportsbook industry watchdog since 1999. Players in need of assistance should submit a sportsbook complaint form. Players with general questions may also contact by writing to




Posters' Poll Pts Rating
#1 5Dimes 675
#2 Heritage 665
#3 Bookmaker 380
#4 Pinnacle 310
#5 BetOnline 165
Get Help with a Sportsbook
Sportsbook Complaint
Email SBR