Financial

Bwin.party Agrees To $1.6 Billion Takeover Deal with GVC
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Bwin.party Agrees To $1.6 Billion Takeover Deal with GVC

September 4th, 2015 | by Brian Corlisse
Bwin.party, the sports betting, casino and poker operator, has formally accepted a £1.1 billion ($1.6 billion) takeover bid from GVC Holdings. Despite initially accepting a lower offer from 888 Holdings back in July, bwin.party...
PokerStars Marketing Campaign Paying Off in First Few Weeks
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PokerStars Marketing Campaign Paying Off in First Few Weeks

September 2nd, 2015 | by Brian Corlisse
PokerStars was already the world’s largest poker site, dominating most markets in which the Amaya-owned website competes. But there’s always room to grow, and PokerStars’ latest marketing campaign seems to be drawing even...
888 Holdings Improves Its Hand in the Poker Battle That’s Become Bwin.party Bidding War
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888 Holdings Improves Its Hand in the Poker Battle That’s Become Bwin.party Bidding War

September 1st, 2015 | by Jason Reynolds
888 Holdings has raised rival GVC Holdings with a new bid for bwin.party in the seemingly never-ending battle for control of bwin, which took another turn on Tuesday. Following last week’s breaking news that GVC had made a...
Bwin.Party Financials Strong, But Online Poker Continues to Struggle
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Bwin.Party Financials Strong, But Online Poker Continues to Struggle

August 31st, 2015 | by Greg Shaun
Bwin.party is profitable once again, announcing it made a return of €2.9 million ($3.25 million) after taxes for the first six months of 2015, an impressive turnaround for the company which lost a staggering €94 million ($105...
Italian Online Poker Revenues Sliding in 2015
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Italian Online Poker Revenues Sliding in 2015

August 29th, 2015 | by Kaycee James
Italian online poker figures have been hard to come by in recent years. The national regulatory body (AAMS) had stopped releasing statistics for two years, with numbers only now available on a section of the AAMS website that is...
Bwin.party Holding Out for Best and Final from GVC Before Accepting Acquisition Proposal
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Bwin.party Holding Out for Best and Final from GVC Before Accepting Acquisition Proposal

August 27th, 2015 | by Jason Reynolds
The bwin.party takeover fight between GVC and 888 has been ongoing since last spring, but the online gaming company being targeted is tired of the games, this week asking GVC to present its best and final offer. Since last May,...
Betfair and Paddy Power Agree to Merger
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Betfair and Paddy Power Agree to Merger

August 26th, 2015 | by Kaycee James
Paddy Power is one of the biggest, most outlandish names in bookmaking today, especially well known for their shops in Ireland and the United Kingdom. Betfair is one of the leaders in online bookmaking, with their betting...
Winamax Takes Evasive Action to Save Weekly Major
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Winamax Takes Evasive Action to Save Weekly Major

August 25th, 2015 | by Brian Corlisse
The continued decline of the online poker economy in France was on display for all to see last night after the country’s leading operator, Winamax, was forced to offer discounts for its flagship tournament. Online poker has...
888 Holdings’ bwin.party Takeover in Doubt
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888 Holdings’ bwin.party Takeover in Doubt

August 18th, 2015 | by Kaycee James
The expected merger between bwin.party and 888 Holdings could be in jeopardy according to recent reports. Following what seemed like a successful $1.4 billion (£900 million) takeover bid by 888 back in July, the iGaming operator...
Gary Loveman Says Internet Poker One of His “Great Frustrations” 
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Gary Loveman Says Internet Poker One of His “Great Frustrations” 

August 8th, 2015 | by Greg Shaun
Gary Loveman announced his resignation as CEO of Caesars in February after a tumultuous career leading one of gambling’s most famed brands, but unfortunately for his legacy, much will be made about how he’s leaving...