BUSINESS

Bwin backtracks on PartyGaming merger collapse claims

TAGs: Bwin, PartyGaming

Bwin’s biggest shareholder has backtracked on comments he made to the Austrian press that the merger talks between Bwin and PartyGaming had collapsed. Hannes Androsch was reported in Austrian monthly magazine Trend as saying, “it is true, that talks with the English company ultimately did not lead to the desired outcome,” but Bwin the operator has since issued a statement claiming that Androsch had been “wrongly quoted” and that “he would like to clarify his statement as follows: ‘It is true, that up until now, talks have not lead to any specific outcome.’” Either way, the fact remains that the Austrian operator has already admitted that it wants to hook up with a local partner from within the US so these corporate retractions ain’t fooling no-one, fools. Read more.

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