A PYMNTS Company

UK: Playtech software buys gambling site for $50M

 |  July 11, 2013

UK-based gaming software company Playtech announced Thursday its acquisition of gambling website PokerStrategy.com in a deal worth $49.2 million. In a statement, Playtech said it also bought several of the website’s subsidiaries and described the deal as “earnings enhancing.” Playtech bought the website from its previous owner Holdings Ltd.

Full Content: Reuters

Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.