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Are 888 Holdings Trying To Acquire Bwin Party
Sunday May 17,2015 : HAS 888 JOINED THE ACQUISITION BATTLE FOR BWIN PARTY?
Weekend reports suggest that 888 may be a stronger contender.
Unconfirmed reports that 888 Holdings has joined the scramble to acquire online gambling group Bwin Party Digital Entertainment surfaced in the Sunday Times over the weekend, quoting informed but unidentified sources in the City.
The past week has been full of confirmed reports that GVC Holdings is the main bidder for the company and has recently submitted a revised offer, although the Bwin statements have acknowledged that there are other interested parties.
The reports suggest that with a market cap twice that of GVC Holdings, 888 may be in a stronger position to clinch a deal, and that the company is expected to confirm its interest tomorrow (Monday).
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Gambling News :
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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