Is Bwin eyeing Sportingbet once again?

Written by: Nikola Zugic on 28/03/2008 12:00

There is a rumor floating on the grape vine stating that the Austrian online gaming giant, Bwin is looking for a possible acquisition on Sportingbet. This is a piece of interesting news that has been released by a UK independent newspaper.

The Austrian online gaming giant, who is also operating online bingo games in the European market, had tried to acquire Sportingbet last year. However his attempts met with a failure.

With this rumor, it shows that the online gaming industry is today concentrating on consolidation as the growing trend of the industry. There are numerous mergers and acquisitions that online bingo operators are trying to make between companies in the online bingo industry.

There are more of these acquisition attempts going on in the growing Swedish online bingo market. Most of the online bingo industry observers are waiting to see how this deal between Bwin and Sportingbet goes about.

This is because this deal will show future movements taking place in the industry, which were once hampered only because of legal and regulatory issues. With this deal, major changes are expected to take place in the online bingo industry, hopefully for the better.

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