Are the recent mergers/acquisitions (nine.com by VIP, 777Rock by Delmar) driven by the newer books needing help or simply the older books buying market share? Judging by posts nine and 777 seemed to be operating good solid businesses. Insights?
I would imagine that they were just new books without super backing like Mansion who found this business to be tougher then they had anticipated. In conjunction with a "bad" football season so far it was just too much. Both 777 and nine were probably responsible enough to not dig a hole deep enough to the point of no return. The were in good enough shape to draw interest from bigger books. Good sign.
