Global Sports Betting

Global Sports Betting website profile PartyGaming website PartyCasino Marvel Slots website PartyCasino profile

Gif Banners


Surfing Motorsport Martial Arts Extreme Sport

Poker World Poker Tour World Series of Poker Aussie Millions Asian Poker Tour

Golf Olympics

Sports News website

BetUS UFC BetUS Sportsbook

BetUS Sportsbook BetUS UFC BetUS Poker BetUS Casino



Online betting firm bwin announces merger with PartyGaming - 30th July 2010

Austrian online betting company bwin announced Thursday it had signed a merger agreement with British rival PartyGaming.

The move, giving bwin a 51.6-percent stake in the new group compared to 48.4 percent for PartyGaming, will become effective in the first quarter of 2011, the Austria Press Agency reported.

"This business combination makes great strategic, operational and financial sense," bwin chief executive Norbert Teufelberger said in a statement.

"We will be in pole position to capitalise on the wealth of opportunities that will flow from the continued evolution and expansion of the global online gaming industry," he added.

PartyGaming chief executive Jim Ryan echoed that sentiment, saying: "The enlarged group will have a winning formula to exploit the growing online gaming market, supported by a strong balance sheet, significant cashflow generation and a highly experienced management team."

The two men will become co-chief executives of the new company, which will have its seat in Gibraltar and be listed on the London Stock Exchange.

Meanwhile, bwin will be delisted from the Vienna Stock Exchange.

The new group will be the largest listed online gaming company.

In late trade Thursday, bwin shares were up 20.35 percent to 42.88 euros in Vienna and PartyGaming gained 19.49 percent to 307.1 pounds in London. (Credit: Fairfax Media)


Sports Betting Betting


Global Gaming website Global Gaming News Global Sports website profile Slots

Australian Sports Entertainment website Australian Sports Entertainment profile

Australian Casinos Australian Casino News World Casino Directory Slots

Multi Currency Casino Casino News Poker News Classic Casino Games

Poker News Sports Betting Slots Casino News Betting News Games Gaming

Online Casino News Gambling News Financial News Jackpots Casino Reviews

Mobile Phone News Sports News New Games Casino News 3D Casino

World Casino Directory World Gaming Directory Online Casino Online Poker

Multi Currency Casino Global Gaming Mobile Gaming Mobile Casino Pokies website profile Slots Classics Marvel Slots Pokies Fruit Machines

World Casino Directory World Gaming Directory Multi Currency Casino Slots

Casino News Casino Travel Marvel Slots

Marvel Heroes Casino Whales Casino Kings Casino Reviews


Betting News Sports News Global Gaming News

Media Man Australia Website Network

Casino News Australian Casino Marvel Slots

Marvel Heroes Classic Slots Online Classic Casino Games

Casino Travel Media Poker News Media Casino Travel Tourism

Media Manager Australian Sports Entertainment Property News Media

Global Gaming Directory Cleopatra Slot News Pokies News Media

Australian Casinos Travel Tourism Media Hollywood Slot Games Greg Tingle TV