|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||129.29 - 135.00|
|52-week range||129.29 - 241.52|
|Beta (5Y monthly)||0.73|
|PE ratio (TTM)||336.68|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||09 Apr 2020|
|1y target est||N/A|
A bingo entrepreneur from Sunderland is in line for a payday of more than £400m after his online business was snapped up by the owner of Betfair and Paddy Power.
Online bingo firm Tombola has more than 700 employees and around 400,000 average monthly users.
Flutter Entertainment has acquired Tombola, one of the UK's leading online bingo operators, for an enterprise value of 402 million pounds ($542 million), the Paddy Power, Betfair and Fanduel owner said on Thursday. The world's largest online betting group said the deal would diversify its products, expand its position in an area where historically it has not had a big presence, add a sustainable player base and enhance Flutter's operations in its core UK market. With gambling groups under pressure to make their markets less risky for punters, Flutter noted that Tombola was the first major UK-focused operator to introduce both mandatory staking and deposit limits.