GVC needs to up bid again to win bwin.party battle says Ader

Jason Ader

Jason Ader Bwin.party will almost certainly reject the latest offer from GVC Holdings should it not reach 135p to 140p per share. That is much higher than the reported new offer of 122.5p per share offered this week in an attempt to wrestle the struggling online gambling firm from 888 Holdings who has had an offer accepted of 104.09p. American activist More...

by colin | Published 4 days ago
GVC
By colin On Thursday, July 30th, 2015
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GVC to make one final bid for bwin.party this week

In battle with Jason Ader for the boardroom The iGaming Post understands that GVC Holdings will make another bid for bwin.party this week in one last ditch attempt to snatch the deal struck by 888 to purchase the More...

GVC
By colin On Thursday, July 30th, 2015
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GVC mulling new offer for bwin.party

Analysts believe that GVC has done given up hope of still winning the battle for bwin.party and could still come back in with an increased offer. Following the announcement that bwin.party had accepted the 104p More...

Iowa_flag_
By colin On Thursday, July 30th, 2015
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Iowa Gambling Commission looks at online gambling

Chairman of the Iowa Racing and Gaming Commission Jeff Lamberti says that his commission has been listening to companies that offer online gambling on smartphones and tablets. The un-named company has been presenting More...

In battle with Jason Ader for the boardroom
By colin On Thursday, July 30th, 2015
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888 wins battle for Bwin.party

As reported last week in the iGaming Post that the deal for Bwin.party Entertainment would be concluded so it has happened with the winners for the once huge online operator being 888 Holdings. The deal is official More...

Glowing Gambling Sign
By colin On Thursday, July 30th, 2015
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Fight over online gambling PoC tax referred to Europe

Glowing Gambling Sign Online gambling firms fighting the UK Governments Point of Consumption Tax (PoC) has had their High Court case now referred to the Luxembourg-based Court of Justice of the European Union (CJEU) More...

32red
By colin On Thursday, July 30th, 2015
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32Red acquire Roxy Palace for £8.4M

32Red have announced the acquisition of online gaming firm Roxy Palace for £8.4 million which his licensed in the UK and Malta. The purchase of Roxy Palace by 32Red offers a database of 230,000 registered active More...

del-marsh
By colin On Thursday, July 30th, 2015
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Alabama to see gambling proposals to aid budget woes

Another US state is toying with the idea of legalising or at least considering to talk about gambling as a remedy for the black hole they have in their state budget. Alabama which currently has no casinos or even More...

666Bet
By colin On Monday, July 13th, 2015
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666Bet receives compulsory winding up order

666Bet the rising star of 2014 with celebrity figures on their TV adverts has been wound up following the compulsory order of its holding company Metro Play which itself has been forced to close. The betting firm More...

bwin_party
By colin On Monday, July 13th, 2015
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Bwin.party decides on winning bidder this week

In battle with Jason Ader for the boardroom This is the week all observers expect Bwin.party to decide which of their suitors will win the race to acquire the struggling online gaming operator. On one side are GVC More...