Bwin.Party Confirms Takeover Talks

Submitted by Reuters on

Written by :

Reuters

Published on :

(Reuters) - Online gambling company Bwin.Party said on Wednesday it was in early talks with a number of parties over a "variety of potential business combinations", which could result in an offer being made for the firm.

Shares in Bwin.party, which made the statement in response to recent media speculation, jumped almost 17 percent on the news to 126 pence.

The company has faced pressure from U.S. activist investor Jason Ader's Spring Owl vehicle to shake-up its board, improve its growth strategy and reduce infrastructure costs.

Related Content

The New Name Behind Your Favourite Betting and Casino Comparison Sites

The New Name Behind Your Favourite Betting and Casino Comparison Sites

On 23 July 2026, Gambling.com Group changed its name to Grandstand Limited. Its Nasdaq ticker moved from GAMB to GRSD.
Latest Dragon Link Slot Just Hit for $1.1 Million at This Hollywood, Florida Casino

Latest Dragon Link Slot Just Hit for $1.1 Million at This Hollywood, Florida Casino

The guest won a total of $1,143,913.90 with a $25 bet on a $1 denomination.
Sweepstakes Casino Reviews - August 2026

Sweepstakes Casino Reviews - August 2026

This page features reviews of some of the industry's leading sweepstakes casino sites. These are real customer reviews as well as important news pertaining to a specific brand where applicable for August 2026.
Seminole Hard Rock Hotel & Casino Tampa to Open Temporary 'Smoke Free' Casino

Seminole Hard Rock Hotel & Casino Tampa to Open Temporary 'Smoke Free' Casino

Hard Rock Event Center Casino to offer 24/7 Gaming with 682 all-new slot machines and 34 table games