GAMBLING NEWS
Talk of Casinos Merging
Dec 27, 2010
There is a whole lot of interesting developments on the go in the world of online casinos. Major operators are in the midst of talks to start merging, which in business sense would create some of the net biggest online operators and would also mean ongoing gambling for players in the years to come. The first massive merger to take place is between Bwin and Party Gaming with their 2 major brands Bwin Casino and Party Casino to become one. This in its own will be one of the biggest mergers online.
With the above being mentioned players should not start going into a panic as it’s only the beginning and there is still a lot of things that need to happen. A good example is that some payment operators are fully functional at Party Casino but not at Bwin Casino. So a payment processor like PayPal will have to integrated at the new conglomerate. Just image how big this company will be if one has to value all their assets as well as market cap.
The second merger on the cards and we are very excited about it is the fact that Ladbrokes and 888 has began talks about a possible merger. If one has to take into account the market cap and value of both entities, it is clear that Ladbrokes wants to become one of the biggest online players to date. With their great game offering and operational team, the merger between 888 and Ladbrokes will definitely ensure that Ladbrokes Casino will become one of the biggest players in the market.
When one takes a closer look at whats happening in the online gambling market, it is clear that the term consolidation is taking place. Major brands are in talks to merge and to create an empire of massive operations. For the players it will mean stability as well as a clear cur future on what’s going to happen in the online casino and gambling market. For payment processors it will be a great avenue to explore as to extend and empower their own businesses.
