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Google Bidding For Party Poker
Friday September 13,2013 : SCARY STUFF - IS GOOGLE MAKING A BID FOR ONLINE GAMBLING GROUP?
Business journalist's news send Bwin.Party stock price soaring
A report on rumours that internet leviathan Google is considering an acquisition move on struggling online gambling group Bwin.Party Digital Entertainment was enough to boost the gambling group's share price late Thursday as the news spread.
Geoff Foster of the UK publication This is Money set things in motion in reporting on the rumour, which resulted in Bwin's ailing stock price soaring, despite the lack of confirmation from either company.
The Mail Online reported that rumours of a 200p a share cash offer from Google have recently been doing the rounds, with dealers hearing that Google may make an offer before Bwin’s online poker and casino games are up and running in the state of New Jersey in November this year.
Bwin.Party is among the applicants striving for a New Jersey online gambling licence in partnership with Boyd Gaming and MGM Resorts and wants to operate its New Jersey intrastate enterprise under the Borgata and Party Poker brands.
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Gambling News :
IGT Continues Partnership with Coljuegos EICE -
IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.
Magic Spells SLot Launches -
The penny slots’ Wild symbol is a bubbling cauldron which is an Expanded Wild that can cover up to four positions for multiple winning combinations.
Lightning Box Games in Deal With Everi Games -
Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.
Another Attempt to Acquire Tatts -
The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer
Ladbrokes Trading Update -
The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:
Leovegas Player Wins a BMW X4 -
A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.
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