Ladbrokes denies deal for Aussie bookmaker

UK land and online gambling group Ladbrokes has become the latest major betting company to deny it is making a move to acquire the top Aussie independent bookmaker Tom Waterhouse.

In denying that there has been any contact, Ladbrokes joins a roster of several big bookie companies that have stepped forward recently to repudiate media claims that bids of up to A$200 million have been offered to the 30-year-old head of the Australian family business.

CEO Tom Waterhouse has declined to comment specifically but has revealed that the company regularly receives calls exploring acquisition possibilities.

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