Online Casino Seeks Million Euro Approval From Shareholders

Online Casino Seeks Million Euro Approval From Shareholders

Austrian gaming firm and online casino operator Bwin is hoping to secure shareholder backing for a capital rise of up to 16.3 million new shares, generating over €500 million at its AGM.

According to online news service Boerse Express there is speculation that the capital increase will be used to fund the purchase of its UK-based competitor Sportingbet and also finance other similar deals.
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