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Google may buy Bwin.Party

According to the latest rumors Bwin.Party might be possessed by Google. The news is circulating and being spread in the online gaming world.

Geoff Foster spokesman of Market Report talked about it first time. As he said an offer is now being prepared by Google for Bwin and the business is expected to be done before the regulations of online gambling will be released in New Jersey on November 23. Bwin.party is now partner Boyd Gaming and MGM Resorts and has been working on a new product for Borgata Casino and Hotel.

Bwin is registered on London Stock Exchange and holds more than 4 percent share. This probably boosts Google’s interest for the company, but it’s still not completely clear why Google is thinking about to become a participant of online gambling.

Though online gaming regulations are expected to be accepted in the United States, it’s still strange why Google wants to take part in the world of internet gaming. Or if they had planned this step long before, why have they been still waiting?

The fact is that Google always was willing to get into projects that are far away from its basic activity. This policy supposed to be a fundamental element of the prospering business what is so characteristic to Google and makes it a profitable internet company.

So far, there is no further worthwhile information about the business.

Source of News: Slotssensation


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