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888 confirms Bwin Party bid • This Week in Gambling
Online gaming operator 888 has revealed that is has made an offer to acquire the entire issued and to-be issued capital of rival company bwin.party. The operator said in a statement that the acquisition would comprise cash and 888 shares. Further development occurred this morning when Mark Kleinman, City editor at Sky News, tweeted that a joint Amaya-GVC bid could be on the cards, with Amaya taking bwin party’s regulated poker and casino business while GVC took over the sportsbook side of the business. But if an agreement looks near-certain to be signed off by shareholders, it will be the workings of the...
This Week in Gambling