Bwin.Party Share Price Rises on Hopes of Company Split

Written by:
Aaron Goldstein
Published on:
Bwin.Party Share Price Rises on Hopes of Company Split

Bwin.Party shares shot up Tuesday on news that the online gambling firm is considering a split.

More specifically, the Financial Times reported that was “working on a plan to spin off its unregulated operations into a separate company.” is looking to aggressively take on the US market.  They have already inked a deal with Boyd Gaming to run Atlantic City’s Borgata’s online poker site. stock rose 3.9 percent on Tuesday to close at 135.9p.  This is the firm’s best performance in nearly three months.

- Aaron Goldstein,

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