
It’s finally official. The weeks of rumors have finally been put to rest as PokerStars is scheduled to put their platform to the real money test on Monday, November 4 and will become the first online operator to offer online poker in Pennsylvania.
It appears the long, drawn-out battle for bwin.party is over. On Friday, it was announced that the company’s board had unanimously approved a $1.7 billion offer from GVC Holdings, the owners of Sportingbet. bwin.party is the parent company of PartyPoker and bwin, among other brands.
Like two suitors standing below the window of a maiden they are attempting to woo, the love songs from GVC Holdings and 888 Holdings to bwin.party continue to grow louder. On Tuesday, bwin.party, the parent company of PartyPoker, confirmed that is has received a new acquisition proposal from 888 Holdings, just the latest in a […]
We tend to think of online gambling as the Wild West, where mavericks build empires from humble offices, compete against each other, come up with the next big thing, and develop the next big marketing idea.
The tug-of-war over bwin.party continues as GVC Holdings and 888 Holdings try to win the heart of their online gambling rival. 888 CEO Brian Mattingley (pictured) is both confident that his company will win the day and none too thrilled about the latest developments.
Last week, we reported that shareholders of bwin.party recommended that the company’s Board of Directors approve a $1.4 billion acquisition by 888 Holdings, the parent company of 888 Poker. However, not refusing to lay down and die, GVC, which had been in a bidding war with 888, has upped the ante, reportedly bidding $1.6 billion […]
After a flurry of bids, 888 Holdingswon the battle to buy rival bwin.party on Friday. The price: $1.4 billion in a cash and stock deal. 888 won out over a similarly-priced joint bid by GVC and Amaya, the latter of which already owns PokerStars and Full Tilt.
According to media outlets in both the mainstream and the gaming community, Luxembourg-based GVC Holdings and the Canadian company Amaya Gaming are jointly trying to acquire what was once the largest gaming company in the industry, bwin.party.