Tag Archives: Dermot Desmond
- Billionaire Dermot Desmond plunks $1.7M to bankroll GAN’s product development plans
August 25, 2016
Gaming technology firm Game Account Network (GAN) has secured a £1.3 million ($1.7 million) from Irish billionaire Dermot Desmond. The investment was in the form of 3.25 million ordinary shares that GAN issued at 40 pence each to Desmond's International Investment and Underwriting (IIU). The share placing represents 4.6 percent...
- Irish billionaire Dermot Desmond says Ladbrokes-Gala Coral merger a crap idea
November 18, 2015
Irish billionaire Dermot Desmond has launched a campaign to convince investors that the proposed merger of UK gambling giants Ladbrokes and Gala Coral Group is a really crap idea. On Tuesday, Desmond (pictured) launched an online presentation of his argument that “the recent history of value destruction” at the hands...
- The Irish Sunday Times Rich List
May 20, 2014
The Irish Sunday Times Rich list sees five of the 250 richest men and women in Ireland coming from gambling stock in one form or another. How did the gambling fraternity fair in the Irish Rich list? Let’s find out shall we? The highest ranked person who is involved in...
- Billionaire Desmond in £57m Ladbrokes link
January 17, 2010
Billionnaire investor Dermot Desmond has been linked with a near 4 per cent stake in Ladbrokes. Desmond, who also owns Betdaq, is also rumoured to have been behind Chris Bell's decision to step down as CEO of the £1.3bn-valued bookmaker last week. Rumours, whispers, lies damned lies... Read more
Ladbrokes Australia fined (again) for inducing gamblers
April 7, 2017