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Broadway Gaming completes acquisition of 888 bingo assets
888 Holdings
has completed the divestment of its
B2B
and
B2C bingo divisions, selling the assets to Saphalata Holdings, part of
Broadway Gaming. The deal was originally announced at the end of last year when 888 and Saphalata Holdings agreed to the transaction estimated at $45.25m.
The
now-completed agreement
is upending the bingo market in…
Gaming Intelligence
888 completes online bingo sale to Broadway Gaming
London-listed betting and gaming operator 888 Holdings has completed the sale of its customer-facing and B2B bingo businesses for $45.25m.
agreement last December, 888's online bingo businesses have been sold to Broadway Gaming subsidiary Saphalata Holdings for $43.25m, with a further $2m unconditionally payable in one year.
888 has also agreed to…
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888 to sell its bingo businesses
The consideration is $50m on a cash-free debt-free basis, including a potential earn-out of up to $4m, based on achievement over six months of revenue-based performance criteria.
Consideration will be paid in cash upon completion of the transaction, with the potential earn-out payable within approximately six months thereafter.
888 has agreed to…
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888 Holdings to Sell Bingo Business in a Deal Worth $50m
888 Holdings has announced that it is selling its bingo business for $50m. The global gambling group announced the sale of all of its B2B and B2C bingo businesses to Saphalata Holdings on Wednesday. The buyer is a part of Broadway Gaming, a group of online casino and bingo platforms.
a possible earnout worth as much as $4m
The total consideration…
World Casino News
Broadway Gaming adds Pragamtic slots to Bingo sites
In a move that strengthens its existing partnership with
online bingo
specialist Broadway Gaming Ltd., Pragmatic Play has inked an agreement that will see its premium slots go live with the
UK
-facing operator.
Under the deal, the operator responsible for
one of the largest UK Bingo networks
will be able to offer customers who enjoy all five of its…
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European Gaming
Pragmatic Play Expands Broadway Gaming Agreement With Slots Content
Pragmatic Play, a leading content provider to the gaming industry, has strengthened its ties with Broadway Gaming after taking its slots live with the operator.
Broadway Gaming, operator of one of the largest UK Bingo networks, will offer customers on all five of its bingo sites, including its flagship brand "Butlers Bingo", Pragmatic Play's…
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World Casino News
Celebrate National Bingo Day Online with Pragmatic Play
For the first time ever, Pragmatic Play will be celebrating National Bingo Day. The content provider has decided to enjoy the special day by offering players in the United Kingdom with games at no cost for a two-day period. Major bingo partners will be involved to give more players access to this special promotion.
First UK National Bingo Day
This…
European Gaming
Pragmatic Play Set for First Ever National Bingo Day
Pragmatic Play, a leading content provider to the gaming industry, is celebrating the inaugural National Bingo Day in the United Kingdom by offering free games across a two-day period with major partners.
2021 marks the first time that National Bingo Day becomes a registered awareness day in the UK, with the event being supported by The Bingo…
Gaming Intelligence
Microgaming closes bingo network
Microgaming has confirmed the closure of itsbingo network six months after closing its poker network.
The closure of the bingo network will mark the end of an era for Microgaming and the beginning of a new one in which it will focus solely on online casino content.
A spokesperson confirmed the move in a statement givenexclusively to
Gaming…
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Broadway Gaming Takes Bingo Suite Live With Pragmatic Play
Broadway Gaming, whose network includes sites such as Butlers Bingo, Glossy Bingo and Rosy Bingo, has taken its bingo product suite live with online casino content provider Pragmatic Play.
Founded in 2010, the operator group will subsequently deliver the Pragmatic Play portfolio across all five of its
bingo sites, including its aforementioned…
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World Casino News
Pragmatic Play releases new Asian-themed slot
After recently inking two landmark bingo deals and in keeping with its ambitious 5-games-a-month production rate,
Pragmatic Play
has launched its latest title, 5 Lions Dance.
Played over 5 reels with 1024 ways to win, the oriental-themed,
medium volatility
video slot
sees players partake in this lively dancing lions celebration complete with two…
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