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Pokerati | Texas hold'em blog (Free subscription) | 09/11/2009
In a move PartyGaming says is specifically part of their positioning themselves for re-entry into the US market … 9 November 2009 PartyGaming Plc (“PartyGaming” or “the Company”) Acquisition of World Poker Tour completed PartyGaming, the world’s leading listed online gaming company, announces the completion of the acquisition of the business and substantially all...
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Jackpot (Free subscription) | 05/11/2009
PartyGaming Plc started out in 1997 with their first attempt in an online casino with Starluck Casino. They were hugely popular and in 2005 made the company public on the London Stock Exchange. They refused to use a 3rd party software provider and set about creating their own. PartyGaming ...
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The Los Angeles Business (Free subscription) | 02/11/2009
Despite receiving a last-minute offer from Mandalay Media of Sherman Oaks, the shareholders of WPT Enterprises Inc. decided to proceed with a $12 million sale of the World Poker Tour assets to Peerless Media Ltd., a division of PartyGaming plc.
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Blackjack (Free subscription) | 31/10/2009
PartyGaming Plc hit the online casino scene with Starluck Casino. They have grown exponentially and as of 2005 they begun trading on the London Stock Exchange. After finding software companies unfair and not wanting to be tarnished with the same brush they designed their own software programs. They ...
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Casino News Media (Free subscription) | 27/10/2009
iGlobalMedia Entertainment Limited To Launch A New Online Casino iGlobalMedia Entertainment Limited, best known by its other name, PartyGaming, is to launch another online casino within days. Adding to its world famous PartyGaming, PartyCasino.com, PartyPoker.com and World Poker Tour brands, iGlobalMedia Entertainment Limited is to launch Noble Casino, following on from its recent Noble Poker offering....
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Blackjack (Free subscription) | 23/10/2009
PartyGaming Review PartyGaming Plc hit the online casino scene with Starluck Casino. They have grown exponentially and as of 2005 they begun trading on the London Stock Exchange. After finding software companies unfair and not wanting to be tarnished with the same brush they designed their own software programs. ...
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Business Report (Free subscription) | 20/10/2009
PartyGaming Plc's billionaire co-founder Anurag Dikshit sold two thirds of his 28 percent stake in the world's biggest online gaming firm, raising 187.5 million pounds (R2.2 billion) but knocking the shares.
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The Dayton Business Journal (Free subscription) | 26/08/2009
WPT Enterprises Inc., parent company of the World Poker Tour, is moving forward with a deal to sell its assets, but, will instead sell to Peerless Media Ltd., a division of PartyGaming plc.
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BloggingStocks (Free subscription) | 25/08/2009
Filed under: Deals Back in 2002, WPT Enterprises (NASDAQ: WPTE ) revolutionized the gambling business. That is, the firm created the highly popular World Poker Tour television show. In fact, by the middle of 2005, WPT's stock hit $26.50. Unfortunately, things haven't been so rosy since then. Today, PartyGaming PLC -- a major online gambling operator in the U.K. -- agreed to buy WPT at a paltry $12.3...
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News Beast (Free subscription) | 25/08/2009
Reuters - British online gaming group PartyGaming Plc said on Tuesday it agreed to buy U.S.-based branded gaming firm WPT Enterprises Inc , known as World Poker Tour, for $12.3 million in cash.
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Reuters (Free subscription) | 25/08/2009
(Reuters) - British online gaming group PartyGaming Plc said on Tuesday it agreed to buy U.S.-based branded gaming firm WPT Enterprises Inc , known as World Poker Tour, for $12.3 million in cash.
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Casino News Media (Free subscription) | 25/08/2009
PartyGaming, the world’s leading listed online gaming company, has agreed to acquire the business and substantially all of the assets of WPT Enterprises Inc. (“WPT”) for a cash consideration of $12.3 million and an ongoing revenue share relating to the purchased assets under which PartyGaming will make a minimum aggregate payment of $3m over the next three years. Subject to formal...
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24/7 Wall St. (Free subscription) | 24/08/2009
WPT Enterprises, Inc. (NASDAQ: WPTE) has announced that Peerless Media Ltd., a subsidiary of PartyGaming Plc, has agreed to purchase substantially all of WPTE’s operating assets other than cash, investments and certain excluded assets. Peerless Media will pay WPTE $12.3 million and will pay WPTE an ongoing 5% participation in gaming and other revenues generated [...]
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Business Wire (Free subscription) | 24/08/2009
LOS ANGELES--(BUSINESS WIRE)--WPT Enterprises, Inc. (Nasdaq: WPTE) (“WPTE” or the “Company”) today announced that a subsidiary of PartyGaming Plc, Peerless Media Ltd. (“Peerless Media”), has agreed to purchase substantially all of WPTE’s operating assets other than cash, investments and certain excluded assets. WPTE’s Board of Directors received the offer...
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Casino News Media (Free subscription) | 24/07/2009
LONDON - PartyGaming PLC (PRTY.LN) Thursday acquired Cashcade Ltd. for GBP95.9 million, a move aimed at significantly increasing its share of the $1.5 billion global online bingo market. It's the online gambling company's first deal since its settlement with authorities in the U.S. over its defunct operations there. PartyGaming will initially pay GBP71.9 million for bingo and casino operator Cashcade,...