Trident Gaming
Acquires Gamebookers
Trident Gaming Acquires Gamebookers
By staffTrident Gaming, a provider of sports betting
services, has announced the acquisition of Gamebookers,
a European online sports betting provider established
in June of 2000.
Having acquired BetBug, a US-facing peer-to-peer
sports betting exchange last month, this acquisition
makes Trident the only company in the world with
a regulatory compliant online betting platform for
both the European and US markets.
The Gamebookers acquisition was agreed on Friday,
15th July and financed by ?20m of convertible debt
and over 9.3 million shares in Trident Gaming. Debt
was arranged by AdviCorp and Seymour Pierce.
According to John O’Malia, CEO of Trident
Gaming, BetBug is the only legal way to offer online
sports betting in the US. Now by adding Gamebookers
and its sports book and three active European gaming
licenses, the directors believe that Trident is
uniquely well positioned for global success.
“Trident will also license its sports betting
platforms so that other top-tier global online casino
and poker groups can legally offer sports betting
across the US and in Europe,” said O’Malia
and continued: “Because we have designed a
product that clears all legal hurdles, we expect
to build on our current licensee base and rapidly
expand our white label partnerships with major online
gaming providers.”
|
