Long Odds for Boylesports buying Ladbrokes Irish Business

The odds on betting chain Boylesports successfully buying Ladbrokes’ Irish operations from examinership are probably pretty long. Based on the vast majority of examinership processes, the incumbent owners tend to come out the far side still in possession of the business. This is especially true where the owner is a large British business, rather than a smaller entity in some kind of financial trouble. We have seen several cases during the recession where the Irish operations of a larger international plc have gone into examinership – usually under the heavy load of onerous property leases. And they have come out…

Boylesports to Challenge Ladbrokes Plans to Restructure in Ireland

Irish independent bookmaker Boylesports has been granted permission to launch a challenge over Ladbrokes’ plans to restructure its business in Ireland, amidst talk of a possible takeover bid for the operation. As reported by iGaming Business, Boylesports last month was linked with a bid for Ladbrokes Ireland after the latter announced it was to undertake a review of its operations in the country following heavy losses in 2014. Ladbrokes has been working with High Court-appointed examiner Ken Fennel on a rescue plan that could lead to the closure of up to 60 of its betting shops in the country, which…

Boylesports named as 2014 Irish Grand National title sponsor

iGaming Business – Irish independent bookmaker Boylesports has been announced as the title sponsor of the 2014 Irish Grand National annual horseracing event. Under the deal, the 2014 steeplechase race will be known as the Boylesports Irish Grand National. The 2014 event will take place at Ireland’s Fairyhouse Racecourse on April 21. “It’s fantastic for us to welcome such a prestigious brand as Boylesports, who already have a great relationship with Irish racing, as the new sponsor of the Irish Grand National,” Fairyhouse Racecourse general manager Peter Roe said. John Boyle, founder, owner and chief executive officer of Boylesports, added:…

BetSoftGaming announces Boylesports partnership

iGaming Business – Three-dimensional online slots developer BetSoftGaming has announced a partnership with Irish bookmaker Boylesports. According to Intergameonline.com, Boylesports will now offer all of BetSoftGaming’s AGCC-approved Slots3 games – including titles such as Mr. Vegas and Three Wishes. The bookmaker will also take on 23 more 3D slots over the coming weeks, in addition to BetSoftGaming’s growing selection of ToGo’s mobile slots. The products will be available to Boylesports customers across mobile, tablet and web platforms. “Adding BetSoft’s incredible 3D games to our repertoire will significantly enhance the entertainment factor for our players,” Keith O’Loughlin, chief executive officer of…