Online Casino Scrutiny > Casino News > May '09

Giga Media to Merge: 1
 
Giga Media has recently announced that they are planning on either selling or merging their online casino with another internet gambling group. This was an unexpected announcement and has caused a media frenzy within online casinos and the internet gambling industry. It was not very long after the initial announcement was released that the online casino group is in talks with Party Gaming. This is an interesting turn of events especially since the two companies have been rivals for the past couple of years. If this is all true, it would put Party Gaming in a great position as they would be gaining all of the assets and players that Giga Media has. This would make sure that Party Gaming has a spot in the online casino industry for years to come.

When a company acquires another company it is never a simple process, so if the two online casino groups are indeed going to merge into one super company then there may not be a full detailed contract penned for weeks to come. These two companies have been major players with online casinos and the current state of the global economy has surely affected Giga Media. The enterprise that would be formed by Party Gaming upon acquisition of Giga Media’s assets and online casinos would be huge. The Party Gaming experience would definitely change and online casino players would definitely be in for quite a different experience when visiting the new and improved online casino. When these two internet gambling websites and groups decide whether or not they will merge, it will change the online casino industry.
























 

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