There was somewhat of a relief rally in bookie William Hill (WMH) after its mooted £4.6bn deal with Canadian rival Amaya was scrapped.
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Parvus, the largest shareholder in the British company, had heavily - and publicly - criticised the deal, as had former chief Ralph Topping. Analysts had acknowledged potential positives of the combined group - such as a broader geographic footprint and amalgamated digital expertise - but had been bearish about the amount of gearing that would be necessary to finance the deal.
Amaya is also appealing against an $870m (£708m) fine ordered against its brand PokerStars by a judge in Kentucky. The alleged offences relate to PokerStars' US activities between 2005 and 2011, before Amaya owned it.
