Ladbrokes is expected to make a bid for 888 Holdings

888 Holdings is a tempting investment.
With shares reaching record highs 888 Holdings, the online casino and poker company is hoping to attract a valuable takeover bid.
On the other hand, Ladbrokes, is about to complete its £3.3 billion sale of its Hilton Hotels sector.
Ladbrokes Chief Executive, Chris Bell, has also publicly stated that he intends to expand the company both overseas and online.
These two statements have led to traders predicting 888 Holdings takeover by Ladbrokes.
888 operates one of the most acclaimed and frequented online casino sites – Casino-On-Net as well as Pacific Poker – the fourth larges online poker site.
Additionally, its Chief Executive, John Anderson was once employed by Ladbrokes.
Furthermore, 888 has one of the cheapest selling stocks. It is also listed in the FTSE 250 and is valued at over £700 million.  
Online gaming and betting stocks are generally on the rise. Ladbrokes and other bookmakers are continually searching for takeover opportunities, while sector watchers continue to spread rumors of these possibilities.

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