May 28, 2009

PartyGaming and 888 fighting over Cashcade

Both PartyGaming and 888.com , two of the biggest online gambling brand is fighting to buy out bingo operating company, Cashcade. 

The bingo operator, Cashcade  runs famous bingo brand, Foxy bingo and other site getminted.  According to times UK the company Cashcade  achieved gross gaming revenues of GBP 45 million last year.

PartyGaming  chief, Jim Ryan stated that the company is considering a number of possible acquisition targets, and there have been rumours that the group is involved in possible negotiations with Everest Poker owner GigaMedia.
 

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