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This Week in Gambling - News
This Week in Gambling - News
News for Online Gambling, Land Based Casinos, and Social Gaming
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Shuffle Master drops deal for online poker company

Shuffle Master drops deal for online poker company | This Week in Gambling - News | Scoop.it
(Reuters) - Shuffle Master Inc pulled out of a deal to buy online poker company Ongame Network Ltd, a setback in the casino games maker's efforts to grab a piece of the growing internet gambling market.


The company's shares were down 6 percent at $12.58 on Wednesday on the Nasdaq. Casino games makers have been scrambling to get into internet gambling, a business that is set to grow after the U.S. Justice Department allowed states to unilaterally legalize some forms of online gambling in 2012.


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Shuffle Master's Ongame Poker Network Deal Collapses

Shuffle Master's Ongame Poker Network Deal Collapses | This Week in Gambling - News | Scoop.it
Shuffle Master, the Las Vegas headquartered gaming group, has pulled out of a deal to buy bwin.party’s European-facing Ongame Network.


n a statement bwin.party said the two companies had “mutually agreed not to proceed with the proposed transaction” which was first announced on March 6. Shuffle Master was to have paid up to €29.5 million for the network in the wake of International Game Technology buying Sweden’s Entraction network.


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