Paddy Power and Betfair in the casino news

There seems to be nothing else in the general casino news other than mergers and takeovers which the way it is going will leave only a few mega operators in the online casino industry and not to be left out, the casino software supplier Playtech is also involved. The most recent casino news involves our very own Paddy Power casino who have announced a tie up with Betfair. Betfair does not operate online casinos and was originally set up as a peer to peer gambling site but later developed into a fixed odds bookmaker just like the rest. Before that we saw one of Irelands best known online casino companies Ladbrokes announce a deal with Coral which would own a majority of the betting shops in the UK although the competition authority may yet have something to say about that. Playtech is involved with Ladbrokes casino both as a casino software supplier and as a shareholder which might make it difficult for other casino software suppliers to be involved with Ladbrokes casino but at the same time it restricts Ladbrokes casino to using Playtech software which might not always be the best available. Then also in previous editions of this general casino news we have mentioned the battle for Bwin/Party which seemed to be settled after they accepted a bid from another well known online casino provider 888 casino but recent reports in the general casino news suggest that GVC might be trying to muscle in on the action with a higher bid and have now been asked to “clarify the best terms it can offer”. 888 casino continues to insist that their offer will provide more synergies and makes more sense than any offer from GVC. How all of this activity affects your own online casino remains to be seen.