Ongame Poker Network Acquired by Amaya Gaming

Leading entertainment solutions provider for the regulated gaming industry, the Amaya Gaming Group, was thrilled to announce the recent acquisition of the popular B2B online poker network, Ongame Poker Network, from Bwin.Party Digital Entertainment in a deal that is worth up to $32.2 million. It has been revealed that the Montreal based Amaya Gaming Group will hand Bwin.Party an initial payment of $19.3 million in cash on completion of the deal which is expected to be made during the fourth … [Read more...]

Bwin Party Investing in Social Gaming

Bwin.Party, the leading online gambling group, has announced that it intends moving into the social gaming market and will be investing an amount of $50 million over the following two years which will be used to enable it to develop its own games. The gambling group has meanwhile paid Orneon and Velasco, two Eastern European games developers, in the region of $23 in order for it to secure hundreds of software contracts to assist the group in getting into the social gaming sphere. A … [Read more...]

Bwin.Party Seeks to Re-enter US Market

Bwin.Party digital entertainment has made an official application to the Nevada Gaming Control Board for an operating license in the state, it was announced this week. Six years ago, after the US government passed the Unlawful Internet Gambling Enforcement Act (UIGEA) in 2006, Party Gaming (which later merged with Bwin to form Bwin.Party), withdrew from the US market. Several years later, the company signed a deal with the US authorities which cleared the company from any future threat of … [Read more...]