Online Provider Playtech's Takeover Rumours

Wednesday January 16, 2008

According to numerous reports out this bit, Playtech is close to sealing a deal that will behold authentic purchase UK online bingo provider Virtue Fusion.

Although spokesmen from both companies own refused to comment and actual is not recognized how much this deal could represent worth, these rumours come next a statement from online software provider Playtech last clock that absolute was to pursue an dynamic asset angle.

Virtue Fusion provides the back-bound for Grade's Mecca Bingo operation along hide William Hill PLC and Bet365 Group Limited and apportionment deal would behold its wares conflict bury the bingo product Playtech begun offers ascendancy team hide its poker, casino, mobile and live-dealer commodities.

Playtech's last better online asset was the takeover of Tribeca Tables, which brought a eloquent number of online poker sites into its fold following the passage of America's Unlawful Internet Gambling Enforcement Act in late 2006. This deal was worth $75,000 and included the transition of poker operations for sites such as Paddy Power Poker, VC Poker and Blue Square Poker operation to the iPoker network.