Leading entertainment solutions provider for the regulated gaming industry, the Amaya Gaming Group, was thrilled to announce the recent acquisition of the popular B2B online poker network, Ongame Poker Network, from Bwin.Party Digital Entertainment in a deal that is worth up to $32.2 million. It has been revealed that the Montreal based Amaya Gaming Group will hand Bwin.Party an initial payment of $19.3 million in cash on completion of the deal which is expected to be made during the fourth … [Read more...]
Bwin.Party Seeks to Re-enter US Market
Bwin.Party digital entertainment has made an official application to the Nevada Gaming Control Board for an operating license in the state, it was announced this week. Six years ago, after the US government passed the Unlawful Internet Gambling Enforcement Act (UIGEA) in 2006, Party Gaming (which later merged with Bwin to form Bwin.Party), withdrew from the US market. Several years later, the company signed a deal with the US authorities which cleared the company from any future threat of … [Read more...]