By Richard Blackden Last Updated: 6:38pm GMT 29/12/2006
Troubled Internet gambling group PartyGaming says the acquisition of assets from smaller rival Empire Online for about $66m will immediately lift profit next year.
In the first round of consolidation in the industry, PartyGaming is buying several assets from Empire, including NoblePoker.com, EnterCasino.com and Carnivalcasino.com. PartyGaming will pay for the sites by issuing just over 115m new shares, the company said today.
The deal should help PartyGaming reach more customers through Empire’s marketing operations, which uses software to direct punters to various poker and casino sites in exchange for a slice of the revenues generated. Mitch Garber, chief executive of PartyGaming, said the deal adds “strong management with excellent marketing skills that will help us accelerate our promotional plans”.
Yggdrasil intends to significantly expand access to its gaming library through a collaboration with well-known online casino and sports betting provider, Betway. According to the agreement, the supplier will provide its portfolio to the operator across various regulated markets, including the United Kingdom, Germany, which recently opened the market to licensed online casinos.
As dynamic as it is, the online gambling industry is constantly undergoing various modifications and transformations. By exploring the possibilities of game development, bringing more efficiency and safety to money transactions, suppliers push the limits and level up player experience continuously.
Over the course of the past decades, we have witnessed multiple groundbreaking chances, but surprisingly, there’s always room for more.
Original BetSoft slot, Safari Sam, was released in 2012. Safari Sam 2 follows the original version in 2021, and the adventure starts in the African savannah with the most famous hunter. However, a few changes have been made and now the Wild Girl has joined Sam in his quest for the mainland's wildlife. The original game's graphics are still nice and can compete with many other titles, but this sequel goes even further.