Feeds

Poker sites hold merger talks

Surviving the US ban

Internet Security Threat Report 2014

Partygaming and 888 Holdings, which runs poker and casino sites, are in talks about a possible merger.

Both listed companies have watched their share price collapse after the US government banned them from providing services to US citizens.

A statement to the London Stock Exchange says: "The board of 888 notes the recent press speculation and confirms that it has had various preliminary discussions with third parties following suspension of its US activities.

"There can be no certainty that these discussions will proceed to an offer being made for the company or indeed any other action."

Gambling and gaming websites are desperately searching for ways to survive after the US government effectively removed the vast majority of their customers. Share prices in the sector have collapsed so consolidation or takeovers from private equity is very likely.

Meanwhile, the UK's own cheerleader for gambling in all its glorious forms Tessa "the Don" Jowell said last week the US laws are like Prohibition - when the US banned booze. Jowell said the outright ban would create the equivalent of speakeasies - the illegal drinking dens of the 1920s.

The Department of Culture, Media and Sport, and Gambling is hosting a conference this week on the subject. ®

Beginner's guide to SSL certificates

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
DOUBLE BONK: Testy fanbois catch Apple Pay picking pockets
Users wail as tapcash transactions are duplicated
Happiness economics is bollocks. Oh, UK.gov just adopted it? Er ...
Opportunity doesn't knock; it costs us instead
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
YARR! Pirates walk the plank: DMCA magnets sink in Google results
Spaffing copyrighted stuff over the web? No search ranking for you
In the next four weeks, 100 people will decide the future of the web
While America tucks into Thanksgiving turkey, the world will be taking over the net
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
A strategic approach to identity relationship management
ForgeRock commissioned Forrester to evaluate companies’ IAM practices and requirements when it comes to customer-facing scenarios versus employee-facing ones.
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Reg Reader Research: SaaS based Email and Office Productivity Tools
Read this Reg reader report which provides advice and guidance for SMBs towards the use of SaaS based email and Office productivity tools.
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.