Thursday, December 17, 2009

Merge Ahead?

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Online poker company PartyGaming may be merging with online gaming group bwin. Both groups are based out of Europe and operate online poker rooms as well as other online gaming sites. PartyGaming Chief Executive Officer Jim Ryan is attempting to broker a deal to merge the two companies. While PartyGaming focuses primarily on poker and casino, bwin is known most for sports betting, so a merger between the two would result in a very powerful online poker and online gaming institution. The merger could boost the PartyGaming reputation as well, which has seen some blemishes as its poker site, Party Poker, has dropped in profitability in recent years.

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