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Archive for September 6th, 2009

Bwin to acquire Italian gambling group Gioco Digitale

Vienna-listed online gambling group Bwin has scored a major coup and some formidable positioning in the Italian market following an agreement to acquire the Italian group Gioco Digitale. With hopes high for an imminent and positive regulatory system in Italy the agreement is especially valuable and significant. Closely held Gioco boasts it is Italy’s first independent online gaming site and offers mainly poker, betting and skill games, but there is clearly good potential for expansion into other genres under the Bwin banner. A timeframe for the takeover has yet to published, and the terms of the deal have not been  [ Read More ]