New Boylesports boss sets eyes on Asia
The new chief executive of bookmaking chain Boylesports, Conor Gray, has said that the company is interested in expanding the business outside of Europe, with Asia a possibility.
The company has long held ambitions for an expansion into Britain but will wait for the effects of new regulations to be felt there before making any acquisitions.
Gray, who is the son-in-law of founder John Boyle, said that the company could invest further afield. "Europe's a tricky market to be involved in. We're thinking of Asia.
"The regulatory environment in Asia would be one that we'd have to be more solid about. And we're thinking of a couple of other geographies that would be of interest to us.
"There's a couple that are in the hopper at the moment, and probably it's just a fraction too early to talk about them. But we're interested in any geography that's got a business model that suits ours and there's a lot of them in that regard that do," he said in an interview with the Sunday Independent.
"One of them is fairly close, to the point where we're really in the decision time as to whether or not we will go for it." In the UK, the group is eyeing regional operators with between 10 and 50 shops.
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Sunday Indo Business