Key Takeaways
- GVC threatens to walk away from bwin deal.
- EPT kicks off season 12.
- The start of the NFL season draws nearer.
GVC Threatens to Walk Away from bwin Deal
The soap opera that is the pursuit of bwin.party has taken another turn. After GVC upped its bid to take over the online gaming company, 888 was expected to do the same. Instead, the rival igaming firm released its financing in a cost saving measure that indicates it expects things to drag out a bit longer.
The recommendation to take the deal offered by 888—made by bwin’s Board—still officially stands. But that was before GVC upped its offer. Now GVC is threatening to walk away from the deal, but it has also stated that it might up its offer once again. Industry pundits expect that 888 will also increase its offer.
Stay tuned to this one.
