888.com Buys Bwin.Party For $1.4 Billion Dollars

Discussion in 'Casino Industry Buzz and Terms Alerts' started by FPForum, Jul 18, 2015.

  1.  
    FPForum

    FPForum Affiliate Guard Dog Member

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    Jul 18, 2015
    According to The BBC, Online gambling firm 888 said that it is buying Bwin.party Digital Entertainment in a cash and stock deal valued at £898m or $1.4 billion dollars.

    Bwin.Party website is BwinParty.com and the company’s name was created long before all the new domain extensions started rolling out.

    The offer is 104.09 pence per share which is at a 1.2 percent premium to Bwin.party’s close on Thursday and consists of 39.45 pence in cash and 0.404 new 888 shares for each Bwin.party share.

    According to the BBC the deal comes less than six months after 888 rejected a takeover bid from William Hill, for about £750m.
     
    Last edited: Jul 18, 2015
    Tropica / Cash o' lot likes this.
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    TheGooner

    TheGooner Affiliate Guard Dog Member

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    Jul 18, 2015
    I'm trying really hard to care - but I just don't.
    Wouldn't touch either group as an affiliate - they don't value the affiliate relationship at all.
     
    CaseyM and Engineer like this.
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    Aleks

    Aleks Affiliate Guard Dog Member

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    Jul 19, 2015
    Why is that?

    Have just signed a contract with them :/ ?!
     
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    TheGooner

    TheGooner Affiliate Guard Dog Member

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    Jul 19, 2015
    You didn't "sign a contract" ... you accepted their terms and conditions ... and I bet you didn't read it through.

    When you examine the terms, and understand that they can and DO terminate contracts frequently..
    Then you will realise how these programs and T&Cs are not very valuable for affiliates.
     
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    Aleks

    Aleks Affiliate Guard Dog Member

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    Jul 19, 2015
    Ok sorry, accepted Their terms ..

    Thank you so much for the information!

    I have seen that I got players but no CPA payment. Weird. Maybe i should stop promoting them?
     
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    CygX1

    CygX1 Affiliate Guard Dog Member

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    Jul 19, 2015
    You have already found one of the best places to collect casino affiliate related information and knowledge. Try the search function or ask before signing a contract with disreputable operators next time. :) It will save you lots of hassle in the long run.
     
    Last edited: Jul 19, 2015
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    alin04

    alin04 Affiliate Guard Dog Member

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    Jul 19, 2015
    The Bwin.party affiliate was a joke. I dont think will be better for affiliates after this transaction.(Online gambling firm 888 said that it is buying Bwin.party Digital Entertainment)
     
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    CygX1

    CygX1 Affiliate Guard Dog Member

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    Jul 20, 2015
    Apparently this takeover still has not been confirmed. I don't care much about either of these companies but thought to mention this.
     
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    affeco

    affeco New Member

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    Jul 21, 2015
    as other said from a affiliate perspective we couldnt care less as both are some of the worst in the industry.
    And now it perfectly make sense that 888 have tried to change old contracts with life time rev share they have with some big affiliates earlier this year.

    Life time revenue in gaming are just a joke and marketing stunt from the ***holes in the big companies..
     
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    CygX1

    CygX1 Affiliate Guard Dog Member

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    Jul 21, 2015
    CAP says... xxx.casinoaffiliateprograms.com/blog/did-888-holdings-win-the-bwin-party-battle/
     
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    peterhanneman

    peterhanneman New Member

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    Jul 25, 2015
    That's quite big one as I was player at 888 before this will make them more bigger then others I guess.
     
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    Darren Colebrook

    Darren Colebrook Affiliate Guard Dog Member

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    tiffany146

    tiffany146 New Member

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    Jun 17, 2016
    Yeah, 888Holdings bought Bwin.Party for the whooping $1.4 billion
     
  14.  
    DaftDog

    DaftDog Affiliate Guard Dog Member

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    tiffany146

    tiffany146 New Member

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    Jun 17, 2016
    What do you mean?
     
  16.  
    Darren Colebrook

    Darren Colebrook Affiliate Guard Dog Member

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    Jun 22, 2016
    Ihave had ok deals with 88casino but the rest of the group I struggle with, Bwin is just a joke though no idea why they would buy it.
     

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