Poker news tagged with 'party gaming'

In one of the latest issues of the british newspaper The Sunday Times, one can read that the 2 betting giants BWIN and PartyGaming have been talking about gathering up since last summer. Today, BWIN is worth about £1.2 billion and PartyGaming about £1 billion. In other words, if BWIN and Party Gaming merges, it would create a betting company worth over £2 billions and most probably be a huge threat to some of the biggest sportsbetting, casino and poker sites.

BWIN, PartyGaming dismiss the new merger speculations
After that The Sunday Times published the article, both sites have received lots of questions about the new merger speculations. BWIN denied that they are holding advanced talks with PartyGaming at the same time they admitted that they are always talking to other betting companies on the market for new deals. PartyGaming, on another hand said that they are looking for a major sports betting platform so that they can offer their customers a complete action filled site, however they didn't want to comment anything about the merger speculations.

Anurag Dikshit is one of the founders of the leading online gaming company PartyGaming Plc. He has now decided to sell all his shares in the company after earlier this year announcing that he "only" would sell 2/3. The reason for this is that he wants to leave the betting industry and instead work with charity in Asia. 

Anurag Dikshit owns 28 percent (worth around £188 millions) of ParyGaming's stocks. All the money he makes from selling his share in the company will go to the charity foundation in Asia that he intends to work full-time with in the future.