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26 Jun 2014 08:45
26 June 2014
bwin.party digital entertainment plc
('bwin.party', the 'Group' or the 'Company')
Media speculation
The Board of bwin.party has noted the recent speculation in the media regarding a possible break-up or sale of the company.
Since his appointment as Chairman last month, Philip Yea has been working with the executive management team on ways in which the Group can increase shareholder value, however we can confirm that there are no plans to break-up or sell the company.
Contacts:bwin.party digital entertainment plc
InvestorsPeter Reynolds +44 (0) 20 7337 0177MediaJohn Shepherd +44 (0) 20 7337 0141
About bwin.party
bwin.party digital entertainment plc (LSE: BPTY) is a global online gaming company. The Company was formed from the merger of bwin Interactive Entertainment AG and PartyGaming Plc on 31 March 2011. Incorporated, licensed and regulated in Gibraltar, the Group also has licences in Alderney, Austria Belgium, France, Italy, Denmark, Germany (Schleswig-Holstein), Spain and the necessary approvals to operate in New Jersey in the US. With offices in Europe, India, Israel and the US, the Group generated continuing revenue of €652.4m and Clean EBITDA of €108.0m in 2013. bwin.party commands leading market positions in each of its four key product verticals: online sports betting, casino & games, poker and bingo with some of the world's biggest online gaming brands including bwin, partypoker, partycasino and Foxy Bingo. The Group's scale, technology and strong portfolio of games collectively differentiate its customer offer from those of its competitors. bwin.party is a constituent member of the FTSE 250 Index and the FTSE4Good Index Series, which identifies companies that meet globally recognised corporate responsibility standards. For more information about bwin.party, visit www.bwinparty.com.
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