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Bwin extends supply deal with Danish partner

Tue, 17th Nov 2015 12:52

(ShareCast News) - Bwin.Party Digital Entertainment announced a multi-year extension to its existing B2B supply agreement with Danske Licens Spil, which is the online gaming subsidiary of Danske Spil.The Danske Spil Group is 80% owned by the Danish government and is one of the largest betting and gaming organisations in Europe, with DKK4.5bn of gross gaming revenue last year.Bwin's chief executive Norbert Teufelberger said: "Having supplied poker and casino games for DLS since January 2012 when the licensed market first opened in Denmark, we are thrilled that our Studios business unit has extended its existing relationship until the end of 2019."Danske Spil is the clear market leader in Denmark and we are delighted to be their supplier of online poker and casino games."At 1256 GMT, Bwin shares were down 0.1% at 110.20p.
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7 Aug 2015 13:41

UPDATE 2-All in: GVC again raises offer to pry Bwin from 888

* GVC raises offer to 1.03 bln pounds from 1 bln * Bwin has accepted 888 Holdings's 900 mln pounds offer * Bwin could GVC offer to coax higher 888 bid-analyst (Adds analyst comment, 888 no comment, details around synergies, updates share movement) By Esha Vaish and Aastha Agni

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7 Aug 2015 12:03

TIMELINE-Battle for Bwin: GVC, 888 wage a bidding war

Aug 7 (Reuters) - Gambling company Bwin.Party Digital Entertainment Plc, which put itself up for sale, has become the subject of a bidding war. GVC Holdings Plc, whose offer for the company was turned down in favour of a one from rival 888 Holdings Plc , has twice come back with higher offe

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7 Aug 2015 11:26

CORRECTED-UPDATE 3-Gambling firm GVC raises offer to $1.6 bln for rival Bwin.party (July 27)

(Corrects paragraph 4 of July 27 story to say that the company has cut costs, not struggled with cost savings) * GVC makes 122.5p/share offer for Bwin * Says Cerberus Capital to provide 400 mln-euro loan * Cost savings to exceed 135 mln euros per annum By Aastha Agnihotri

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7 Aug 2015 10:59

GVC makes improved proposal to Bwin

(ShareCast News) - GVC Holdings has begun talks with larger competitor Bwin.party over a new, fully-funded takeover proposal at 125.5p per share, with reports claiming its equity placing to raise cash for the deal was oversubscribed. Bwin.party quickly responded that it was "working closely" with

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7 Aug 2015 10:10

Online gambling firm GVC raises offer for Bwin to $1.6 bln

Aug 7 (Reuters) - Online gambling company GVC Holdings Plc raised its offer for rival Bwin.party Digital Entertainment Plc to 1.03 billion pounds ($1.6 billion), hoping to pry the company away from 888 Holdings Plc . GVC's offer, its third, of 125.5 pence per shares - 25 pence in cash and

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7 Aug 2015 10:07

TOP NEWS SUMMARY: UK Trade Deficit Widens; William Hill Shares Slump

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7 Aug 2015 09:44

UPDATE: GVC Makes Cash And Shares Takeover Proposal For Bwin.Party (ALLISS)

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7 Aug 2015 09:37

GVC Confirms Cash And Shares Takeover Proposal For Bwin.Party (ALLISS)

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7 Aug 2015 09:28

2nd UPDATE: William Hill Interim Profit Falls, Buys NeoGames Stake

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7 Aug 2015 08:16

UPDATE: William Hill Profit Down In Half Year, Buys Stake In NeoGames

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28 Jul 2015 12:16

Credit Suisse ups Bwin to 'neutral', sees strategic rationale to 888 deal

(ShareCast News) - Credit Suisse upgraded Bwin.party Digital Entertainment to 'neutral' from 'underperform' and raised the price target to 110p from 80p, saying it's now very likely a deal will take place with 888 Holdings. CS said 888's proposal makes strategic sense. "We believe that focus on cos

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28 Jul 2015 08:40

BROKER RATINGS SUMMARY: Panmure And Shore Capital Raise RSA Insurance

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27 Jul 2015 18:30

FTSE 250 movers: Mining and oil stocks in the red

(ShareCast News) - Lonmin led the miners lower on the FTSE 250 after a downgrade from HSBC hurt the platinum producer's shares. HSBC downgraded the stock to 'hold' from 'buy' and slashed its price target to 82p from 222p. The bank said medium-term earnings and EBITDA estimates are substantially lowe

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27 Jul 2015 11:15

LONDON MARKET MIDDAY: China Stock Market Reversal Weighs On US Futures

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27 Jul 2015 10:13

TOP NEWS SUMMARY: Rollercoaster Crash To Wreck Merlin's 2015 Results

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