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Acquiring in the Online Casino Industry

Takeovers and acquisitions are nothing new for the internet gambling industry – it is simply a matter of business. As more and more online casinos and internet gambling sites enter the market there comes a point where saturation becomes a problem. That’s when investment firms and gaming groups are able to sweep in and scoop of primly placed internet gambling companies. Mangas Capital Gaming just announced a new deal which will see the company half owned by Société des Bains de Mer – this deal will allow Mangas the capital necessary to continue acquiring new online casinos and internet betting companies over the next year.

Mangas already owns a majority stake in Betclick, a UK facing online casino betting company. Betclick though is just the beginning – with the reported Euro 100 million deal pending between Mangas and Société des Bains de Mer, Mangas would them have the power and capital to further invest in, and acquire, other internet betting and gambling brands. Online casinos and betting groups should be on the lookout because the bargaining power of Euro 100 million in the kitty is pretty powerful.

The deal is set to close within the next couple of weeks, ensuring that Mangas is able to start the new year in a very strong position. Rumors are abounding right now that Mangas is already in discussions and negotiations with Nordicbet, a Scandinavian online casino betting company with a very strong and established base of gamblers throughout Scandinavia. This deal is also pretty ideal for Société des Bains de Mer – the company will gain a 50 percent holding in a very strong and well positioned online gambling and betting group at a time when the industry is expected to only continue expanding.