Tuesday, April 21, 2009

Party Gaming holds talks with rival Gigamedia

LONDON, England -- As reported by The Times: "Online gambling free casino group Party Gaming is holding talks on a deal with Nasdaq-listed rival Gig media.

London where the online gamblings and UK casino are legal for the people.The deal is very interesting where the millions of dollars are used for the deal.



Gig media, which has a market value of $363m (£246m),is thought to have casino bonus
hired Goldman Sachs, the investment bank, to find a buyer for the whole company or simply its Everest poker brand.

Party Gaming, which this month settled a legal dispute with the US Department of Justice (DoJ), is among a small number of parties bingo game thought to be negotiating with Gigamedia.

US department of justice is the department which given the authority to playing the gambling and the online casinos in to the many US countries

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