Tag: bwin.party split
bwin.party shares jump on rumour of split
August 1, 2013
From iGaming Business – Shares in bwin party have jumped 24% since last Friday following rumours the group was thinking about splitting up into regulated- and unregulated-focused operating entities. The rumoured move to a regulated markets unit, first reported by Mergermarket, would enable bwin party to attract a broader investor base and agree further joint ventures with US casino operators, it already has agreements in place with MGM and Boyd Gaming there. Bwin party recently announced a switch of focus to 10 regulated markets and plans to be among the top 3 operators in those markets within the next five…