William Hill bookmakers are trying to buy 888 Sport. Shares in the latter rose by 20% as a result. The concentration of the betting market in the hands of just a few monoliths continues apace. It seems that when newer company prove to be a threat, the big boys swallow them up. Over the years I've seen it happen often.
Why should that concern us punters? Simple. It allows those big bookies to govern the prices in the market, squeeze them and ensure that almost all bookies offer the same prices.
There is another way you could take a . . .
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