Casino News: New Merger details released by Party Gaming and Bwin

New Merger details released by Party Gaming and Bwin

 December 28, 2010, 10:56 am (6 years ago)
More vital details have been unleashed lately regarding the prospective merger between the two greatest entities of the gambling industry, Bwin and Party Gaming.

The shareholders were briefed by Bwin regarding the prospective merger and that it is anticipated at the end of first quarter of 2011.

One of the most momentous declarations was that the newly merged group will be titled as bwin. Party digital entertainment plc.

Both of the renowned companies will operate their own core brands, but will be working under the new name.

The merger between the two gaming giants will witness the formation of the biggest publicly listed gambling company worldwide.

Bwin will be the majority share holder of the group with 51.6% whereas Party Gaming will be enjoying the rights on 48.4% of the shares.

The shareholders of Bwin will get 12.23 new shares for each existing share they own in Bwin.
The upcoming net revenue for the group is anticipated to reach approx €700 million, with net profits touching the momentous mark of €100 million.

Our portal site recommend Bwin Casino to our readers because of their top-notch casino games and unique and lucrative offers. Use the links below and visit their site to find out more!
Bwin Casino Review
Visit Bwin Casino Site

AddThis Feed Button Bookmark and Share

  Related News
Mar-02-2009 One of the biggest welcome bonus ever in the online casino history offered by 7Spins.com
Mar-14-2007 Online-Casinos.com Introduces Roulette Trainer Pro
Aug-24-2008 BODOG layoff around 150 employees
Apr-14-2007 An Expensive Business
Feb-18-2007 A Brilliant Performance From Cryptologic
 Comments (0)    Back to Top
Verification (Enter the text in the image above)
Name
Automatic Translation
Extra extra read all about it, join our newsletter and receive updated online casinos news, useful tips and top bonuses to your email absolutely free!
Email:
Privacy Policy |  Terms of Use |  Gamblers Anonymous
Copyright © 2009 Online Casino Extra