Playtech and Virtual Fusion
February
23, 2010
The online gambling
software provider Playtech has entered into a deal with Virtual Fusion
where they have acquired the company and made it part of their own
offerings. The online gambling company has made many comments about how
they are going o be moving into regulated markets and how they want to
expand their customer base, and this deal is simply one more way that
they are planning on moving forward with that idea.
The online gambling company says that this acquisition will allow them
to move into a much stronger place with their bingo offerings as well
because Virtual Fusion has a very strong hold in the European market.
They are specifically strong in Italy, and everyone knows that their
online gambling market is getting bigger and stronger each and every day
with the new laws and regulations that the country has passed. Bingo
itself is under review right now, but the online gambling industry is
confident that this is going to pass and that this will be one more
online gambling bonus that they have to offer.
The acquisition of the online gambling site Virtual Fusion will grow
Playtech’s existing market by around 1000 players so that they will be
looking at around 7,000 players with the deal. The online gambling deal
was worth $36 million and the online gambling company will now have
access to some of the biggest names in online gambling – bet365,
Ladbrokes, William Hill, Virgin, and Crown Bingo. They will also get
William Hill Poker, William Hill Casino, Titan Poker and Titan Casino –
just to name a few of the online gambling sites that they now will be
able to access through their deal.
The online gambling company says that they are confident that this will
enable them to enter a whole new phase of their offerings, and they
think that the expansion will be good for them as well as their players.
