Contagious Gaming has stated that it expects its pending acquisition of Digitote to go through early this month, while also confirming the appointment of Craig Loverock as its new chief financial officer.
Fresh doubts have been raised over the decision by bwin.party’s board to accept a takeover offer from GVC Holdings after the value of the bid dropped due to the latter suffering from a weak share price.
GVC will implement cost synergies of €120m in the next 24 months as part of its restructuring of bwin party but chief executive Kenny Alexander has stated that the group’s focus will be to grow the business significantly and ensure return on inves
888 has said that it remains confident of its offer for rival online gaming operator bwin.party, stating that its bid is of “significantly greater intrinsic value” that the proposal put forward by GVC Holdings.
Playtech chairman Alan Jackson has revealed that the company was able to make “significant” progress during the six months through to June 30, after the firm posted widespread year-on-year growth across key financials.