888 Holdings (LSE:888) plans to extend with a spots betting
business. With the company's current market cap of $1.24
billion, getting deeper into the industry by purchasing a online
sports betting venture seems like the most logical thing.
Although the purchase is only on the drawing board right now,
according to the editors of ogpaper.com, it's just a matter of
weeks before 888 Holdings acquire a sports betting company. All
they have to do is find the right one, and with the marketing
abilities of the holding - they will not lose. And an online
sports betting would definitely pull the company ahead of it's
main rival PartyGaming plc (LSE:PRTY).