Bwin and Party Complete Merger

The online gaming industry just lost a company. Now, instead of two slimline firms, bwin and PartyGaming have merged to become the massive bwin.party digital entertainment. The creation of this new player in the market is sure to have trickle down effects on poker players, especially if you’re a big name on the OnGame network.

Both company’s poker customers will have a whole new group of players to contend with. The sites are joining forces on the PartyPoker network, leaving Bwin Poker Download and its OnGame network behind. However, the network which once hosted the talismanic PokerRoom.com may not be mothballed forever. bwin made overt signals that they might be willing to sell the online poker network that they themselves bought in 2006.

On Thursday, bwin.party digital entertainment are was listed on the London Stock Exchange at a share price of £1.94, which has now risen above £2. The details of the deal mean that bwin shareholders end up with 52% of the plc. Shareholders held an EGM in January to discuss the merger, before voting heavily in favour of its occurrence.

The formation of a new company has meant a handful of staff changes in the… READ MORE

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