CryptoLogic is negotiating the renewal of its contract for casino games with William Hill. The companies have entered into a non-binding term sheet which reflects the agreement in principle.
“We have an excellent relationship with William Hill and look forward to even more success both through a new contract later this year and the new business opportunities that this exciting suite of non-downloadable games represent,” said Lewis Rose, CryptoLogic’s President and CEO.
Harrah’s Entertainment is in negotiations with a second buyout group including casino and racetrack owner Penn National Gaming. Last month two private equity firms bid US$15.5bn for Harrah’s.
Neteller are in the market to buy Moneybookers, a UK-based payment provider with 2.3 million account holders, valued at £100m.
online gambling operator Bowmans.com has announced that it will no longer service USA customers and that their USA based customers will receive will receive their online gambling services from US facing giant Bodog.com
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