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Early day motion tabled by primary sponsor Neil Gerrard (Labour), on Wednesday, 25 February 1998, in the House of Commons. It is signed by 20 members in total.


PROPOSED ACQUISITION OF CORALS BY LADBROKES

That this House expresses its concern at the proposed acquisition by Ladbrokes of 833 Coral betting shops and two Coral greyhound racecourses; recognises the high proportion of BAGS meetings acquired by Ladbrokes tracks and the price paid for greyhound races by BAGS; and urges the Government to refer the bid for Coral to the Monopolies and Mergers Commission so that they can further investigate BAGS tender prices and to require that this takeover and concentration of the off-course bookmaking market should only proceed if Ladbroke-owned tracks do not supply greyhound races to BAGS and Ladbrokes transfer their share of SIS acquired from Coral to the greyhound racing industry.


Secondary information

Type
Early day motion
Reference
831 
Session
1997-98
Subjects
Betting shops Mergers Coral Group Ladbrokes
Link
View this Early day motion on www.parliament.uk