Bwin – PartyGaming Merger Gets German Approval
The PartyGaming / Bwin merger is on schedule, according to company officials; German regulators have approved of the partnership, and other European nations are expected to do the same.
The approval sent Bwin stocks up 6.1 percent, according to Bloomberg; Bwin also reported a loss in the third quarter because of the costs of its new operations in France.
PartyGaming’s shares rose slightly, as well; and, according to economy-news.co.uk, “there is … an upside potential of 50% from the current trading range.”
The two brands are closely watched in British financial circles, particularly now that their merger is set to create what’s expected to be the world’s largest publicly traded online gaming company. The merger is due to be complete by the end of March.
What effect the merging of these two iGaming superstars will have on the casino affiliate marketing world remains to be seen.