Published: Friday, July 29, 2005 Online-Casinos.com
WORLD GAMING LICENSEES NAMED
And that upcoming acquisition could be a online sportsbook.
In a recent Online-Casinos.com & InfoPowa bulletin we reported on World Gaming's
rising share price and the gambling companys intention to take on additional licensees
and make acquisitions. It now transpires that the acquisition target is a medium
sized online sportsbook, and discussions are in progress with at least two potential
candidates according to reliable gambling industry sources.
The firm has revealed the identities of two new licensees in the form of Field
Goal and Go Sportsbet. The announcement additionally advises that as
part of one of these agreements it will license its rights to several of its proprietary
domain names, including Gambling.net.
World Gaming has come through some tough times and hefty restructuring
in recent years, largely inherited through the old Starnet Casino Group that it
replaced. The turnaround strategy of head honcho Daniel Moran seems to be working
admirably, with increasingly positive corporate reports emanating from the London-listed
company.
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