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The first independent gambling guide to the best online
casinos!
Gaming Company Makes US Precedence
As the fad among
online casinos is to do joint ventures, Trident Gaming got the point and
decided to go on its own venture. Trident Gaming which is a sports
betting site has decided to take over Game bookers. Game bookers is a
five year old company that deals with European online sports Betting and
has kept itself as an independent company for the past five years. This
union has been met with mixed feelings from online casinos that offer
sports betting. The online casinos without featured sports betting are
ambivalent as they will not be affected by the move.
Trident Gaming has already once acquired a company and it seems to like
to notion of partnership. The company that Trident acquisitioned in the
past is BetBug. BetBug is a US based sports betting site that gives
Trident an advantage. The advantage stems from the fact that Trident has
its foot both in the US door and in the European door; giving it the
upper hand as most online casinos sports betting sites have their foot
only in one. A double market of online casinos players is being offered
by Trident and their revenue profit and shares should increase quite a
bit.
The acquisition of Game bookers was a 2o million pound deal and over
nine million shares are being said to have sold. Online casinos that are
smaller then the leading ones have shown some interest in bringing
together many little online casinos because without that the online
casinos sports betting site will be taken over by Trident.
None of these acquisitions from Trident came easy as BetBug had its
issues with the US legislators. Online casinos are illegal all over the
United States of America and even where sports betting is allowed online
casinos featuring sports betting are still deemed in the online gaming
market and therefore, illegal. Game bookers was an easier acquisition
although it was not without its hardships, however, Trident has managed
to merge owning both and triumphant. The CEO of Trident gaming, Mr. John
O’Malia has stated that Trident is happy with where they are in their
career and they expect extended success and profit in the near future.
Online casinos everywhere that offer sports betting have been described
as intimidated by this new formulation although Bodog still remains a
huge partner in the world of online casinos.
There have been announcements that Trident will use its gaming license
in order to allow small us online casinos sports betting sites to be
established. It will be like an enterprise where new online casinos can
come and test their luck and see where they will end up in the scope of
things. Trident will also serve as an example for US online sites on how
one should run its affairs so that it too can receive licensing from the
US. Online casinos everywhere will definitely be monitoring their
financial revenues to see if this acquisition affected the amount of
sports bets they receive this month.
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