PartyGaming And bwin in talks
PartyGaming and bwin are in the talks on a possible merger that would make a big influence to the online casino industry. Two big names collaborating together means something bigger would roll out in the industry and it’s surely is going to be a center of attention amongst investors and industry related.
Upon emerging of these two giant companies, a partnership of a mega-company that would be worth more than $3 billion is going to be formed. Their scale would widen as well, with the PartyGaming on the London Stock Exchange and bwin based in Australia.
PartyGaming is being open about what to achieve and what the intentions are. After concluding an arrangement with the US at the beginning of this year, the company has bought some smaller online gaming companies.
It is surely have the potential of becoming juicy news for investors. Thus they are paying close attention to the outcome of the talks with PartyGaming and bwin. If the companies combined, the stock price for PartyGaming would almost certainly goes up due to the boost in equity.
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