BUSINESS

Unibet takes punt on Bingo.com

TAGs: Bingo.com, Unibet

bingo.com_logoNobody quite knows when or indeed whether the US will ever wake up to itself and legalise online gambling but Unibet has taken a punt on it happening sooner rather than later by buying over a quarter of the NASDAQ-listed Bingo.com in anticipation of the green light. Do the Swedes know something we don’t? Are they just speculating to accumulate after improved first-quarter results? Or do they just want to strengthen ties they first forged in March? Read more.

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