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PartyGaming Enters the Sports Betting Market

Filed in archive Betting by jo on August 03, 2006

PartyGaming Enters the Sports Betting Market
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 Bulgarianlinks-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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