Is MGM Looking at Online Poker?Rumor Mill Has MGM Considering PartyGaming |
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According to rumors that began circulating around the gaming world earlier this week, U.S.-based MGM Mirage was reportedly in talks with several different international online poker providers.
However, when contacted by Card Player about earlier reports of possible interest, MGM Mirage spokesperson Yvette Monet had this to say on the rapidly spreading rumors: "As to possible acquisitions, we are a publicly traded company on the New York Stock Exchange, and, as such, we are required to disclose information about acquiring another company. Absent any activity to announce, we do not comment or speculate about rumors."
Similar to the way acquisitions are handled on the New York Stock Exchange, on Oct.30, 2006, 888 was forced to announce to the London Stock Exchange that it had held "various preliminary discussions with third parties following the suspension of its U.S. activities." Having reportedly met with PartyGaming executives (both share the same building space in Gibraltar), 888 principal owners the Israeli Shaked brothers are said to be considering a merger that could align the former powerhouses of online gaming.
Reportedly also in talks for a possible buyout of 888 is British betting giant Ladbrokes. Considered to be looking to expand its business in Asia specifically, Ladbrokes has been frequently mentioned over the last several weeks in the media as a suitor for 888.
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