Online Casino Transfer: News - Party Gaming Talks

02/12/2010		Online Casino Style: News Party Gaming Talks - 2
Home History Games News Dictionary		continued from Party Gaming Talks - 1 Ellis is far from the only one with the enlightened opinion, as well, with Nick Batram agreeing, speaking from his position at KBC Peel Hunt. "Such a deal would bring Party the critical mass in sports book that it lacks, while for bwin, Party's casino and poker products would provide a significant boost to its presence in these markets.” Other experts have been quoted as calling the possible pending pair as ‘epic,’ ‘strategically strong,’ and even ‘impressive.’ Bwin has managed to win out against the recession better than most, growing in share prices by more than 300 percent since the beginning of last year. It’s current market value has surged above $2.2 billion, urged on by the rumors of mergers and the introduction of a more market friendly set of regulations in their Austrian homebase. Party Gaming is no small player either, valued at $1.8 billion themselves, though the difference of 400 million would probably mean that Bwin would be the senior partner in any sort of fusion. If it does happen, analysts agree, such a deal would most likely find its agreement within the next 12 months. Party Gaming has received confirmation from the American Department of Justice, completing their plea deal, and excluding them from potential persecution from US activity. According to Richard Carter, an analyst for Deutsche Bank, the settlement had developed for not only Party Gaming, but the sector as a whole “significantly more certainty and confidence and has enabled the capital markets to better understand the potential exposure of other online gaming companies that operated in the U.S."

02/12/2010

Online Casino Style: News
Party Gaming Talks - 2

continued from Party Gaming Talks - 1

Ellis is far from the only one with the enlightened opinion, as well, with Nick Batram agreeing, speaking from his position at KBC Peel Hunt. "Such a deal would bring Party the critical mass in sports book that it lacks, while for bwin, Party's casino and poker products would provide a significant boost to its presence in these markets.” Other experts have been quoted as calling the possible pending pair as ‘epic,’ ‘strategically strong,’ and even ‘impressive.’

Bwin has managed to win out against the recession better than most, growing in share prices by more than 300 percent since the beginning of last year. It’s current market value has surged above $2.2 billion, urged on by the rumors of mergers and the introduction of a more market friendly set of regulations in their Austrian homebase. Party Gaming is no small player either, valued at $1.8 billion themselves, though the difference of 400 million would probably mean that Bwin would be the senior partner in any sort of fusion.

If it does happen, analysts agree, such a deal would most likely find its agreement within the next 12 months. Party Gaming has received confirmation from the American Department of Justice, completing their plea deal, and excluding them from potential persecution from US activity. According to Richard Carter, an analyst for Deutsche Bank, the settlement had developed for not only Party Gaming, but the sector as a whole “significantly more certainty and confidence and has enabled the capital markets to better understand the potential exposure of other online gaming companies that operated in the U.S."