bwin and PartyGaming merger looks off... or is it?

After many months of speculation and discussion between the two firms, it appears that a proposed merger between bwin and PartyGaming is off. This would have been a genuine super-merger, unseen before in the gambling industry, but reasonably common in other business sectors.

bwin chief says Party Gaming merger talks failed

bwin have long admitted to being keen on acquisition and mergers rather than natural growth, so expect more activity from them in the near future. The article even quotes the bwin boffins as chasing partners in the US.

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Two minutes after I posted this article, through comes a report denying the original statement...

Androsch refutes bwin/Party comments

So who do we believe? Was that genuine or trying to protect the share price? Either way, it looks like things aren't progressing quickly.

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