home casinos play poker play bingo play instant win games gambling news archive forums
- -
Bookmark current page
→ casino
→ online casino
→ online poker
→ poker
  Recommended Sites
  Featured Partner
Gambling Articles
Gambling Experts
News Archive
Contact Us
Bingo Aff Program Gambling News Archive

BETonSPORTS Purchases U.S. Gaming Operations

Online casino looks to expand with new acquisitions

Wednesday 28th December 2005

Online gaming company BETonSPORTS has bought three U.S.-focused online sportsbooks and casinos for up to $37 million.

The acquisitions of MVPSportsbook, Player Super Book and V-Wager will continue the expansion of the popular sports book.

Chief Executive David Carruthers said, ‘The acquisition extends our cross-selling opportunities and further strengthens our management team with U.S.-facing sports betting expertise.’

The Costa Rica-based company has recently been hit by a large number of favourites winning and has seen its shares fall 1.7 percent to 128p, valuing the group at around £107 million. However, a BETonSPORTS spokesman said, ‘The company expects that these margins will follow the trend of earlier years and return to normal levels during the balance of the financial year, in which case the results will be in line with expectations.’

Source: OnlineCasinoNews

  • Back to archive index
  • Submit a press release

    Discuss this story in the Gambling Forum. Last 5 Posts:
    Sunday 26th February, 2017:   Horse Race betting
    Friday 24th February, 2017:   Poker Websites
    Thursday 23rd February, 2017:   UEFA Europa League
    Wednesday 22nd February, 2017:   UEFA Champione Leugue
    Wednesday 22nd February, 2017:   Hi - How to make good money online!