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Big Money Bids For Bwin TakeOver
Monday May 18,2015 : BIG MONEY IN BWIN BIDS (Update)
Amaya, GVC and 888 all reportedly involved in attempted acquisition offers.
The Reuters news agency has updated the available information on the projected sale of Bwin Party Digital Entertainment, reporting that around $1.7 billion could be involved in attempts to take the company over.
In a new report, the news agency reports that the much-publicised GVC Holdings Euro 1.5 billion bid is in concert with Canada's Amaya Inc., and consists of cash and GVC shares.
Earlier today (Monday) 888 Holdings advised that it intended to make a bid for Bwin Party, setting the scene for a bidding war. 888's offer has not so far been disclosed.
The acquisition interest has provided a boost for the Bwin share price, which was up almost 8 percent midday Monday.
Reuters puts GVC's market value of about $440 million, 888 of roughly $947 million and Amaya of around $3.6 billion.
GVC is no stranger to joint acquisition projects; in 2013 the company partnered with William Hill plc to take over Sportingbet - William Hill took the Australian and Spanish operations of the company, with GVC taking on the rest of its business.
Amaya has not commented on the speculation that it is in a deal joint acquisition move with GVC.
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
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Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.
Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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