LAS VEGAS, March 5, 2012 -- /PRNewswire/ -- Shuffle Master, Inc. (NASDAQ Global Select Market: SHFL) ("Shuffle Master"), a leading global gaming supplier, today announced that it has entered into a definitive agreement to acquire Ongame Network Ltd. ("Ongame"), from bwin.party Services (Austria) GmbH. Ongame is one of the world's largest poker providers to online gaming operators ("business-to-business" or "B2B"), with a global network that includes more than 25 of the iGaming industry's strongest brands and operators, as well as regional networks in France and Italy.
The acquisition aligns with Shuffle Master's strategy of expanding its online product offerings to capitalize on regulated online gaming, while operating purely as a B2B provider and not providing gaming content directly to players ("business-to-consumer" or "B2C").
"Our acquisition of Ongame will allow Shuffle Master to offer a scalable, proven and secure solution for online poker. Immediately upon closing the transaction, we will be able to begin leveraging all of Ongame's experience and expertise in iGaming," said Gavin Isaacs, Chief Executive Officer of Shuffle Master. "I am confident that Ongame will fit seamlessly into our ongoing interactive initiatives of delivering our renowned brands to online gaming operators, partner web sites, social networks and mobile platforms. Poker is a natural fit for our table-centric online offerings and our many jurisdictional licenses present a compelling opportunity for our current and future online customers. This acquisition is further evidence of our great momentum as we continue to execute on our core businesses and pursue our strategic objectives for future growth. We look forward to Ongame joining the Shuffle Master family and we welcome them on board."
Read more here: http://www.sacbee.com/2012/03/05/4313169/shuffle-master-inc-to-acquire.html#...
Heres part of an article I read:LAS VEGAS, March 5, 2012 -- /PRNewswire/ -- Shuffle Master, Inc. (NASDAQ Global Select Market: SHFL) ("Shuffle Master"), a leading global gaming supplier, today announced that it has entered into a definitive agreement
Apparently the big Ipoker skins i.e Titan, Will hill, Betfred, Paddy power etc will have their own separate network because the other 30+ skins dont contribute enough. This might be a good thing cos im guessing the other skins could now start offering rb deals to get customers from titan and the others to play at their sites. To me, i could'nt give a **** cos Ipoker is awful and is riddled with bots. In fact i dont know why I bothered opening this thread anyway
Apparently the big Ipoker skins i.e Titan, Will hill, Betfred, Paddy power etc will have their own separate network because the other 30+ skins dont contribute enough. This might be a good thing cos im guessing the other skins could now start offerin
Shuffle Master are a big American company who make the automatic card shufflers you see around the States and indeed the world.
They have bought Ongame so they have a way into the US when online poker is regulated, simple as that. Once licensed and regulated they will be able to advertise, potentially, on every card shuffling machine they make so it is a good move for them.
As for effecting Betfair, nothing will change though you may see improvements made to the software happen quicker now bwin are not controlling the network.
Shuffle Master are a big American company who make the automatic card shufflers you see around the States and indeed the world.They have bought Ongame so they have a way into the US when online poker is regulated, simple as that. Once licensed and re