Cashcade Buys Up Sites
Though it couldn’t be called a free-for-all, the online
casino bingo portal Cashcade has acquired some of the top internet bingo sites
on the Web just this past week. Cashcade has an positive and established
reputation in the industry and the addition of these new online casinos bingo
sites will only add to the choices Cashcade offers its customers. With the
purchase of one bingo portal and a company with three established internet bingo
sites, Cashcade announced it has now shelled out nearly GBP 13.5 million for the
new online bingo sites.
The two companies acquired are separate deals for Cashcade. By purchasing
Independent Technology Ventures (ITV), one of the first online casino bingo
sites in the UK, Cashcade is working toward domination of the internet bingo
industry. ITV owns three online casino bingo sites, Bingo Scotland, Think Bongo
Plus, and the largest of the sites ThinkBingo.com. The Managin Director at
Cashcade commented on the ThinkBingo.com acquisition, “Think Bingo was the UK's
first standalone bingo site and today it remains one of the most established.
Together with Foxy Bingo and the OnlineBingo.co.uk portal, we can now offer our
customers a wider product selection and position ourselves at the forefront of
the emerging online bingo industry."
Foxy Bingo was an online casino bingo site already owned by Cashcade, and
OnlineBingo.co.uk is an established internet bingo portal. All parties involved,
Cashcade and the acquired companies are getting a great deal, says the Marketing
Manager at OnlineBingo.co.uk, Ben Starr, “Our online bingo portal aims to give
its user maximum choice and together with Cashcade we hope to further this goal
and cement our position as one of the leading online bingo gateways in the UK."
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