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About LinkBacksOnline gambling giant PartyGaming has been in the news a lot lately. The Sunday Times in London has reported that the gaming group has been holding talks with rival Gigamedia.
Gigamedia is thought to have hired Goldman Sachs to find a buyer for the whole company or simply its Everest poker brand.
Party Gaming, which is said to be eyeing a number of possible deals, declined to comment on the Gigamedia talks but a spokesman said: “We have made it very clear we believe the industry will consolidate and we will look at opportunities as and when they arise.”
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20 April 2009, 7:57 am #1
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PartyGaming holding talks with GigaMedia
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20 April 2009, 12:36 pm #2
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Wow - This could be massive - Not just players and penetration into non US markets but Party Gaming would officially have an office in the US right next door to GPWA
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20 April 2009, 2:31 pm #3
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This is starting to make a LOT more sense now. We might have all blown the 'Party Gaming heading back to the US' a little out of control lately. Well, accepting US players wise...
Greg D Powell
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