October 29, 2006 1 Comment

Party Poker and 888 Merger

Two of the biggest UK-listed online poker operators, Party Gaming and 888 Holdings, have held preliminary talks about a possible merger to create a £1.6 billion company.
Both firms have been trying to find a way to cope after sales were hit by the introduction of laws banning online gambling in America.

Huge poker merger anticipated

Party Gaming, the world’s biggest online poker group, fell out of the elite FTSE 100 group of companies, while 888 Holdings dropped out of the FTSE 250 index. Their shares collapsed when both firms said they would cease trading in America.

Read more at the London Times Online.

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1 comment so far

  1. admin November 1, 2006 2:48 am

    trying another comment

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