Key Takeaways
- Bwin.party expects to update its shareholders on the status of the sale of the company on Tuesday September 1.
- Recent financial results paint a picture of the state of online poker.
- Talk of PokerStars’ approval in New Jersey heats up.
The sale of bwin.party
A flurry of statements from the parties involved in the pursuit of bwin.party emerged last week. Though Monday is a bank holiday in the UK, the three companies involved, 888, GVC and bwin.party, are likely not taking it easy over the extended weekend.
Bwin.party released a statement on Thursday announcing that key aspects of concern with the GVC deal have been addressed and asking GVC for its best offer. In the same release, it also alerted its shareholders that it expects to update them on the status of the sale of the company on Tuesday September 1.
