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by Brendan Murray |  Published: Apr 01, 2011


PartyGaming and bwin Merger a Step Closer PartyGaming and bwin shareholders cleared the way for the merger of the two companies in late January by voting through all resolutions approving the move. The companies will become one entity, known as digital entertainment plc, on March 31, 2011. Jim Ryan and Norbert Teufelberger, the proposed co-CEOs of the enlarged group, said in a statement, “[The] shareholder meetings were a key milestone in the overall process, putting the transformational merger of our two companies well on the way to Completion. We are delighted that both sets of shareholders have overwhelmingly recognised the strategic, operational and financial benefits of creating the world’s largest listed online gaming company.” ♠ iPoker 2010 Revenue Down iPoker, the online poker network of Israeli plc Playtech, saw revenue drop 19 percent in 2010. Poker revenue fell to €27.4 million at December 31, 2010 from €33.8 million in ...

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