bwin May Sell Ongame Poker NetworkReports Suggest Company May Dispose Of Poker Network After Merger With PartyGaming |
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Bloomberg news agency today said bwin Interactive, the Austro-German gaming provider, may sell its online poker network Ongame.
bwin is merging with PartyGaming Plc and Ongame may be deemed surplus to requirement after the merger.
Ongame was acquired by bwin in 2005 for just under €500 million before the Unlawful Internet Gambling Enforcement Act tore asunder the global poker market.
Shares in bwin were up 1.9 percent to €26.69 today.