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Entain Returns Betdaq to Dermot Desmond After Failed Venture
NewsDecember 16, 2021·1 min read

Entain Returns Betdaq to Dermot Desmond After Failed Venture


Entain has sold Betdaq back to its former owner Dermot Desmond. The betting exchange, acquired by Entain in March 2018 when it purchased Ladbrokes, has been a struggling venture for the company. Dermot Desmond sold his Betdaq exchange to Ladbrokes in 2013 for €30 million. Entain sold Betdaq back to Dermot Desmond for a mere fraction of the original purchase price.

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Argus Riven

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