Mangas Seals the Deal

Two new deals have been signed and finalized regarding some large investments in the online casino and sports betting sectors of the French gambling group Mangas Gaming SAS. It was recently announced that the agreement entered by the company was for the company to have control of the bet-at-home.com AG, as announced by Betclic. It was also announced there are be a large launch which will offer the public the ability to acquire shares in the previously held by a minority shareholders of the company. Like many online casinos, the company is licensed out of Malta. Bet-at-home has one of the largest player bases of any online casino of over a million people. The young company was founded in 1999 in Wels, Austria.
From the beginning, the online casino strived to be one of the largest Internet gambling operations in all of its jurisdictions. Some of the regions that they have received a large growth in business are Austria, Eastern Europe, and Germany. Upon completion of acquiring the assets of Bet-at-home, Mangas reported in to their intent with the company will be fulfilled when certain conditions and regulatory approvals are met. This isn't the first online casino that they have gained control of, the online poker website Expekt was one of their recently acquired online casinos. The Scandinavian sports betting and online poker website help the companies operations in the northern European markets.
The chief executive officer of Mangas Gaming, Isabelle Parize said, "After the acquisition of Betclic in 2008 and the recent announcement of the acquisition of Expekt, one of the leading online betting and gaming company in Scandinavia this transaction perfectly complements the Mangas Gaming strategy of creating a strong European-wide network of online sports betting and gaming operations." During economic struggles such as this it is important that businesses, especially in the online casino industry, make smart decisions. The founders of Bet-at-home are just as happy about the new partnership. Franz Omer and John Dickinger announced: "We are happy to welcome Mangas Gaming as shareholder of Bet-at-home.com AG which gives bet-at-home.com AG the opportunity to join one of the leading online gaming and betting networks in Europe. We also appreciate that the shareholders of Bet-at-home.com AG are given the opportunity to sell their shares to Mangas Gaming."