16+ CR GTD
Header banner - Nostra Poker
Pokersaint - Lead
Bally’s Corporation To Buy British Gaming Company Gamesys For USD 2.7 Billion Business

Bally’s Corporation To Buy British Gaming Company Gamesys For USD 2.7 Billion

by Donna Amo Posted on 27 Mar, 2021

As per latest news reports Bally’s Corporation is all set to buy British online gaming company, Gamesys for USD 2.7 billion. This comes just a week after the brand made a bid to acquire World Poker Tour from Allied Entertainment. For the latest bid to go through, it must be approved by the shareholders of Gamesys.

There will be multiple changes that will be taking place, as it is with any takeovers of this kind. Both the share options and an all-cash takeover have been proposed to the stakeholders of Gamesys. The latter was preferred by the board. The network of online assets owned by Gamesys will now be in control of Bally’s Corporation once the deal has been settled.

ALSO READ: Bally’s Make A Bid To Acquire World Poker Tour

Members of both boards believe that this deal will help them move one step closer to their goals. The US online gaming market is fast evolving, and this partnership could put both companies in the forefront. With both sides planning to launch more US sites, the acquisition is the perfect way to do it.

Soo Kim, Chairman of Bally’s Corporation, commented on this saying, “Gamesys’ proven technology platform and the market access that Bally’s provides should allow the combined group to capitalize on the major growth opportunities in the US online gaming markets.”

The benefits that each company will receive are clear. While Gamesys will now have a partner that owns a network of 12 casinos across seven US states and a racetrack; Bally’s will have an established online gaming company that creates its software and owns a network of sites.

Adam Pliska, CEO, WPT had been working on building a digital presence for the company. WPT’s online series was a major success and with Element Partners, LLC and Ballys making bids for acquisition, WPT looks to have a commanding position. 

For more news and updates, keep reading GutshotMagazine.com. Follow us on our social handles FacebookInstagram, and Telegram.

A Prize Pool Of INR 4.5 Lakh Up For Grabs On PokerSaint’s Twin Tower Tournament

Tagged : 

More News

Bally’s Make A Bid To Acquire World Poker Tour
8 Mar,2021 

Bally’s Make A Bid To Acquire World Poker Tour

13 Mar,2019 

Top 5 Poker Destinations in Asia

Natural8 WPT Asia Giveaway
13 Oct,2020 

WPT Asia Giveaway: 30 FREE tickets to Mini Main...


Leave a Reply

Your email address will not be published. Required fields are marked *

Dangal box

Top 10 Poker Rooms

  • Natural8

    Sign-up code "GUTSHOT"
    Offer: 200% bonus up to $1,000 or $100 in instant rewards Register

  • 9stacks

    Instant withdrawal; 100% locked bonus on first deposit
    Offer: "9GUTSHOT" Register

  • PokerSaint

    60-seconds withdrawal; 100% locked bonus on first deposit
    Offer: "GUT100" Register

  • Poker Dangal
    Poker Dangal

    INR 500 Free on sign-up; (425 Locked, 75 Instant)
    Offer: 150% on first deposit up to INR 5,000 Register

  • Spartan Poker
    Spartan Poker

    Sign-up with "GUTSHOT"
    Offer: "GUT300X" to get 300% on your deposit Register

  • Nostra Pro
    Nostra Pro

    Use Code "KING500"
    Offer: 100% Instant Poker Cash Back Register


    Sign-up with "GSBLZ"
    Offer: Make your 1st Deposit of INR 200 & GET 1000 in return! Register

  • Poker Tempo
    Poker Tempo

    Rs. 50 Instant Bonus, Rs. 50 Locked Bonus, No code required!
    Offer: 1 Ticket to 5000 GTD FREEROLL every Monday @ 7PM Register

  • Calling Station
    Calling Station

    Instant withdrawal; Use “RELOAD20” on deposits for 20% locked bonus
    Offer: "GUTSHT" Register

  • PokerStellar

    INR 500 Free (225 Instant + 275 Ticket) on KYC Verification
    Offer: 150% Upto 5,000 + 20% Instant Bonus Register

Pokersaint box banner

Want to share your thoughts about poker?

Then click the button to submit your article.

Natural8 GGSF LiveX Flipout Banner

Natural8 GGSF LiveX Flipout Banner