Cashcade Up for Auction: 1
The marketing company, Cashcade, recently announced that it is putting itself up
for auction. The online casino and internet gaming marketing company has been
around for six years and they have a couple of big name companies that are
looking to scoop it up. This company has had a great record and has made some
great success in bringing up online casinos. They were the brains behind making
FoxyBingo.com what it is today. Their success has predominantly been in the
Unite Kingdom. They also helped the website Getminted.com gather over 2 million
users. They also own an online casino, UKGambingOnine.com. That particular
website is dedicated to online casino news guides and reviews that are mostly
based for the UK players.
So far it looks like a great company that anyone who can afford it should be
happy to acquire. Some of the biggest bidders that are on the prowl for this
online casino company include 888, Party Gaming and there are even rumors that
Paddy Power may be looking into putting in a bid for the company and all of its
assets as well. The current estimated rate of sale is expected to be some where
between £70 to £100 million. There will surely be a pretty big bidding war due
to the success that this company has brought to so many online casinos. Foxy
Bingo is probably the best example of online casino success that this company
has shown as a valuable asset. The fact that online casinos and internet
gambling websites are doing well in the world despite the flailing economy so
this company would be a good investment for any online casino.