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IGT considers sale of games developer
IGT considers sale of games developer
Barcrest, a high profile remote gambling content provider in the UK, could be offered up for sale by parent group IGT following a strategic review, reports the publication MenMedia.
The company has appointed London-based Global Leisure Partners to handle the review, with a price of GBP100 million rumoured. Barcrest was bought from the Bass group in 1998 for GBP42 million, has a staff complement of 300 people and an annual turnover of GBP40 million.
Barcrest is based in Ashton under Lyne in the Manchester region of Great Britain but has operations across Europe. It supplies machines to pubs, bingo halls, betting shops, arcades and private members' clubs and provides content for remote gaming via mobile devices, the internet and interactive digital TV.
A spokeswoman for Global Leisure Partners confirmed it has been retained by IGT to conduct a strategic review of Barcrest, which may or may not lead to a disposal. "We are contacting a number of parties that may have a potential interest," she added.
IGT also owns Manchester-based online and mobile gaming company Million-2-1, for which it paid a multi-million pound sum in 2008.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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