The French investment house Louis Dreyfus is preparing to buy a stake in Mangas Gaming, the Paris-based internet betting joint venture between Bains de Mer de Monaco and the holding company of French TV producer Stephane Courbit.
Mangas themselves this month bought a 60 per cent slice of GigaMedia’s online gambling software business in a $100 million move that brought the underperforming Everest Poker under into their roof. Read more.