Party Gaming Eyes Rival

As reported by the UK Times Online: "The world's largest internet poker company, Party Gaming, is in talks to acquire Gamebookers, the online sports-betting company, for about £50m.

"A deal would be the first acquisition for Party Gaming since it floated a year ago. An announcement could be made in the next two or three weeks.

"Gamebookers, founded in 1998, is currently owned by Trident Gaming, an Isle of Man-based firm which also controls Betbug, a person-to- person betting site. It bought Gamebookers in July 2005.

"…Gamebookers is licensed in Antigua, but also has a UK bookmakers' permit. Party Gaming is regulated by Gibraltar…"

2006-07-04