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Found 8 results

  1. We tend to think of online gambling as the Wild West, where mavericks build empires from humble offices, compete against each other, come up with the next big thing, and develop the next big marketing idea. --- Tournament Poker Edgeis the only poker training site dedicated exclusively to MTTs and features over 1,000 training videos, blogs, articles, podcasts and a dedicated stra
  2. Like two suitors standing below the window of a maiden they are attempting to woo, the love songs from GVC Holdings and 888 Holdings to bwin.party continue to grow louder. On Tuesday, bwin.party, the parent company of PartyPoker, confirmed that is has received a new acquisition proposal from 888 Holdings, just the latest in a string of competing proposals over the course of the past two months. --- Tournament Poker Edgeis the only poker training site dedicated exclusively to M
  3. The tug-of-war over bwin.party continues as GVC Holdings and 888 Holdings try to win the heart of their online gambling rival. 888 CEO Brian Mattingley (pictured) is both confident that his company will win the day and none too thrilled about the latest developments. --- Tournament Poker Edgeis the only poker training site dedicated exclusively to MTTs and features over 1,000 training videos, blogs, articles, podcasts and a dedica
  4. It’s finally official. The weeks of rumors have finally been put to rest as PokerStars is scheduled to put their platform to the real money test on Monday, November 4 and will become the first online operator to offer online poker in Pennsylvania. For PokerStars, the soft launch testing period should take two days before it is officially approved. Once it is, poker players in the Keystone State can get back to their online grind. For a little while at least, PokerStars will be the only operator in Pennsylvania. However, it is just a matter of time before they have competition for the ne
  5. It appears the long, drawn-out battle for bwin.party is over. On Friday, it was announced that the company's board had unanimously approved a $1.7 billion offer from GVC Holdings, the owners of Sportingbet. bwin.party is the parent company of PartyPoker and bwin, among other brands. --- Tournament Poker Edgeis the only poker training site dedicated exclusively to MTTs and features over 1,000
  6. Last week, we reported that shareholders of bwin.party recommended that the company's Board of Directors approve a $1.4 billion acquisition by 888 Holdings, the parent company of 888 Poker. However, not refusing to lay down and die, GVC, which had been in a bidding war with 888, has upped the ante, reportedly bidding $1.6 billion for bwin.party. The roller-coaster ride might not be done yet. The offer might end the involvement of Amaya Gaming, the owners of PokerStarsand Full Tilt, as the $1.6 billion bid is from GVC and Cerberus Capital Management and does not involve Amaya. bwin.pa
  7. After a flurry of bids, 888 Holdingswon the battle to buy rival bwin.party on Friday. The price: $1.4 billion in a cash and stock deal. 888 won out over a similarly-priced joint bid by GVC and Amaya, the latter of which already owns PokerStars and Full Tilt. 888 head Brian Mattingley told Reuters, "We believe the deal creates one of the world's leading online gaming operators. It's all about scale... When you've got critical mass, you can ride storms and take advantage of opportunities as they come along." According to the New York Times, "The transaction is expected to increase the scal
  8. According to media outlets in both the mainstream and the gaming community, Luxembourg-based GVC Holdings and the Canadian company Amaya Gaming are jointly trying to acquire what was once the largest gaming company in the industry, bwin.party. GVC and Amaya have put up a bid of €1.5 billion, which will come from cash from Amaya and stock shares from GVC. If successful, it would be the second largest merger of companies behind only Amaya's purchase of PokerStars and Full Tilt. If GVC and Amaya were to purchase of bwin.party, the duo would probably break the company up for each side's particu
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