May 6 - UK listed online casino and gambling group Fairground Gaming, has
announced a $66 million acquisition of the recently merged and Microgaming powered
Spin Palace-Piggs Casino group...
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Fairground shares were temporarily suspended on the London AIM as this deal,
the group's first acquisition, was concluded.
Evan Hoff, Chief Executive of Fairground Gaming, said, "This acquisition will
form the cornerstone of our rolling out our strategy of consolidating leading
online gambling brands. The casinos represented by the Spin Palace group are
extremely well managed and financially sound, and have enormous potential to
scale upwards for future growth."
The Spin Palace Group recently acquired the Piggs Peak casino group, another
Microgaming operator. The group runs four Microgaming casinos and one poker
room.
Click here to visit
Spin Palace Casino, or read our
Spin Palace Casino
Review.
Editor: At this time it is difficult to comment on this deal, as little is
known what will happen on the ground. The Palace Group is one of our premier
advertising partners, and one hopes that they will retain their commitment to
quality and professionalism.
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