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MONACO INVESTMENT FOR SPORTSBET FIRM
Mangas Capital Gaming, which owns 75 percent of the UK online betting firm Betclick, will be half owned by Monaco hotel and land casino group Société des Bains de Mer soon following a deal involving Euro 100 million in investment that will enable Mangas to make further European online gambling acquisitions. Mangas is known to be talking to Scandinavian sports betting firm Nordicbet which is likely to be the next target.
Company officials said it is anticipated that the deal will be closed before the end of 2008.
Société des Bains de Mer has been looking to expand its land gambling interests into the online sector for some time.
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Gambling News :
IS DAN BILZERIAN A POKER FISH? -
Dan Bilzerian, the high profile Instagram legend, jet setting playboy and allegedly deadly online poker player who claims he accrued a $50 million fortune playing the game,
AMAYA C.F.O. RETIRES -
Daniel Sebag, the Amaya online gambling group's first and only chief financial officer with ten years’ service under his belt, has retired, according to a company announcement Friday.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
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