Online Casino San Trpoez recent news piece entitled Online Casino Empire Discusses Merger

Casino News > 5 Sep 2005

~ 8 Feb 2007 - Latest Online Casino News ~
Online Casino Empire Discusses Merger  5 Sep 2005

Online casino operator Empire Online has been offered a 270p a share merger just two months after its flotation onto the stock market. The company, which markets online casinos of other firms as well as running its own online casinos, said it is in first discussions with the unnamed concerning a possible merger.

The online casino also announced today that it has appointed Andrew Burns as chief financial officer in place of Yossi Pereg, CFO since 1999 who is stepping down for personal reasons. Pereg will resign from his position as CFO and COO of the online casino and from the board of directors with immediate effect but remain as a consultant to the online casino company and will conduct a thorough handover process.

Analysts studying the online gambling and online casino sector expect a series of mergers and acquisitions as the market takes shape.
Several high profile gaming companies and online casinos have come to market, such as Party Gaming, and the traditional High Street bookmakers are keeping a close eye on the online casino sector with the intent of making acquisitions.



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