POKER STOCKS seem to be coming back, as you can see ... and today the big talk is about a possible merger between PARTYGAMING and 888. [thisismoney.co.uk]
More here. [Reuters]
Estimated merger value: $3 billion. [Forbes]
Add SPORTINGBET to the mix and ... "Such a merger would allow each to bring to the table their own specialisation - Sportingbet (Sportsbetting), 888 (Casinos) and PartyGaming (Poker) - in the process creating an online super group." [bettingmarket.com]
But for now, officially, Party is merely "considering" the merger. Other possible bedfellows include GAMESYS and VICTOR CHANDLER. [BBC]
Meanwhile, the spread of poker to ASIA (semi-direct from Texas) is underway. (Note: AKHIL GUPTA is not his real name.) [Asia Times]
Oh, also, must-click ... an interesting analysis of PARTY ECONOMICS with a particular look at SPORTINGBET'S different approach to weathering the UIGEA storm. [Freakonomics.com]
Thanks, April, for the link!
TOM SCHNEIDER and KARRIDY discussed similar quetions about Party's business decisions with YOUR BELOVED PB EDITOR on "BEYOND THE TABLE" (starting at 3:40). Click here to open the podcast. [HoldemRadio.com]
As always during this era of Poker Reconstruction, more to come ...
