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mgm casino national harbor addrebThe GVC Ladbrokes Coral acquisition of one of the oldest and biggest bookmakers in Britain may be phenomenal news for the company buying it, but it could be a brutal blow for many employees of the company being bought out. 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. GVC bought bwin.party for .67 billion in 2015, and in 2016, Paddy Power and Betfair brokered a .6 billion dollar merger.Given just how much of the betting market GVC stands to gain in this latest deal, it’s no surprise that it’s under investigation by regulators. According to OpenSecrets.org, the Las Vegas Sands CEO donated .58 million, with abrian christopher slots groupll but ,000 going to Republicans.Other notable billionaires with casino interests who remain politically active include Carl Icahn, Phil Ruffin, and now-disgraced tycoon Steve Wynn. But should it receive one of the coveted permits, Soros, Moore, and other investors will presumably see their holding values increase.Gaming experts believe the integrated Japan casino resorts could generate between billion and billion a year in revenue. Ladbrokes Coral CEO Jim Mullens — along with some 1,600 other Ladbrokes employees — may be out of a job once GVC’s buyout of his company is completed. firekeepers casino hotel battle creek