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online gambling vermontGVC Holdings received nearly unanimous approval from its shareholders to proceed with a planned takeover of bookmaker Ladbrokes Coral, a transaction that will create one of the world’s largest gaming entities. The 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. Hung resigned from the company last month.The resort has missed multiple proposed openings, and last month The 13 revealed its casino won’t likely commence operations until March of 2019.Company officials say the casino will be tailored towards the “high stakes mass market.” The boutique gaming floor will feature 66 tables and 50 slot machines.April OpeningThe 13 plans to open its 200-room all-suite hotel sometime next month. But Bloomberg Intelligence gaming analyst Margaret Huang doesn’t believe the well-off customer the property seeks will stay there without a casino.The 13 is about a half-mile south of the southernmost casino on the Cotai Strip where multibillion-dollar resorts litter the main drag. GVC Holdings received nearly unanimous approval from its shareholders to proceed with a planned takeover of bookmaker Ladbrokes Coral, a transaction that will create one of the world’s largest gaming entities. A sliding scale could increase that amount up to £4 billion in the case of a £50 maximum bet.The FOBT decision could also determine just how many jobs are lost in the consolidation of these two firms. miami club casino.i