new owners for Expekt and bet-at-home

From the PR wires:

MANGAS GAMING, French leading group in online gaming and sports betting, which operates Betclic, active in France and Southern Europe, announces the two following transactions:

- The acquisition of all the operations of Expekt, a major
online sports betting company, addressing primarily the Scandinavian
and Northern European markets. Expekt is also a major player in online
poker.

- The acquisition of a controlling stake in Bet-at-home from
its founders. Bet-at-home, a Frankfurt listed company, is an online
betting and gaming operator mainly present in Central and Eastern
Europe. A public offer will be launched shortly to acquire the shares
held by Bet-at-Home's minority shareholders.

Both transactions benefit from the full support of the management of the acquired companies.

With these acquisitions, MANGAS GAMING, enters the top 5 online sports betting operators in Europe, with gross gaming revenues amounting to around 200 million euros in 2009, over 4 million registered clients and a staff of about 500 people.

So what does that mean for punters? Not a lot probably.

Comments

It's all gone Pete Tong at Betfair!

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lay the field - my favourite racing strategy

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Sport is made for betting

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