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river spirit casino open yetThe deal is just the latest sign that the global gaming industry is consolidating, with major mergers and acquisitions between gambling companies unlikely to stop anytime soon.FOBT Decision Will Determine Final CostThis deal, which will see GVC control 53.5 percent of the combined company, could value Ladbrokes Coral at as much as £4 billion. It was the autocoushatta casino slotsmobile maker’s largest single order in company history.But as shareholders began to flee, money ran dry. (Image: Daily Echo)GVC first announced its intention to add Ladbrokes Coral to the group in December. However, a wide range of options are being considered, with limits as high as £50 or as low as £2 still possible.The valuation of Ladbrokes Coral will vary depending on exactly where that limit is set. However, the final price won’t be determined until the United Kingdom makes a determination of what it wants to do with the maximum bet on fixed-odds betting terminals (FOBTs).The government has already completed a review of the machines, and some reduction in the maximum stakes, currently set at £100, seems certain. (Image: Daily Echo)GVC first announced its intention to add Ladbrokes Coral to the group in December. thunder valley casino news