PartyGaming Enters the Sports Betting Market
Filed in archive Betting on August 3, 2006
PartyGaming don't care about the US. Or maybe they do. The world's biggest online gambling company have put their hands into their deep pockets and paid $130 million for Gamebookers - a largely Bulgarian-based online sportsbook that takes bets in over 140 countries - but not in the US.
Partygaming has purchased the sportsbook as a way of diversifying their current business according to their CEO. They are looking to expand in Asia and actively recruit players for their main products outside of the US.
The City seemed to approve of their latest strategy as shares increased a couple of points
Article: PartyGaming Buys Into Sports Betting
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Tags: gamebookers partygaming gambling betting poker sports+betting partygaming+enters betting+market
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