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cool cat casino sign inWhile the deal isn’t done yet, GVC and Ladbrokes are already conceding that if and when the ink is dry, nearly six percent of Ladbrokes’ 26,800 employees could lose their jobs.It all adds up to the loss of more than 1,600 jobs at Ladbrokes, with most expected in areas that will be deemed redundant once the merger is complete, such as customer service, as well as administrative and marketing positions.Closing Up Shop?Ladbrokes’ chain of 3,500 high street betting shops won’t be affected by the deal. .However, employee-owned hedge fund Moore Capital felt that this week was the time to jump in, as the hedge fund purchased 1.88 million Caesars shares on Wednesday. .However, employee-owned hedge fund Moore Capital felt that this week was the time to jump in, as the hedge fund purchased 1.88 million Caesars shares on Wednesday. The Competition and Markets Authority (CMA) intends to see if such a merger would lead to a “substantial lessening of competition” in the UK market. Moore is apparently bullish on the gaming industry, as the investment firm also bought 100,000 shares of Boyd Gaming, and 50,000 shares in Wynn Resorts.The odds of Caesars being awarded an integrated casino resort license in Japan are thought to be long, due to the company’s recent bankruptcy and limited international experience. Since then, he’s donated tens of millions of dollars to Democratic candidates, including million during the 2016 election.That, however, pales in comparison to the campaign money billionaire Sheldon Adelson gave in 2016. resorts casino epic lounge