Amaya and Playtech Floated as Potential Buyers for BwinParty
Posted: November 28, 2014
Updated: June 4, 2017
The acquisition of Bwin would further add to Amaya’s already industry-leading online gaming
empire.
Bwin.party Digital Entertainment has been offered up to potential buyers, but so far no one has taken
the bait. The iGaming giant specializes in online poker sites in the UK but is also active in online casino
and bingo gaming.
The share price remained flat on the London Stock Exchange as traders waited to see how the potential
sale plays out. Company spokespeople confirmed earlier this month that Bwin was in talks with a
“variety of potential business combinations, which could result in an offer being made for the
company.”
It is reported that the company is being pushed to shakeup management by American shareholder Jason
Ader, who owns a 5 percent stake.
Amaya and Playtech fingered as interested parties
While no hard information has been released, rumors abound that Amaya Gaming and Playtech are
potential suitors. Amaya, which forked over $4.9 billion earlier this year to buy PokerStars and Full Tilt, is
considered to be the front-runner.
UK business and gambling news outlet This is Money reported rumblings that Amaya considers Bwin a
great addition to what is already the world’s biggest online gaming group, and is prepared to offer
GBP150 per share.