Takes Over Two More in a Multi Million Dollar Deal
Online casinos are notorious for becoming monopolies as one buys
out the other. The $100 million deal regarding Stanley Leisure
casinos has been sealed and is ready to roll. This huge deal
which means the joining of Westcliffe Sporting Club, Spielers
and the Triangle Casino in this multi million dollar deal.
The deal comes at a time when online casinos have realized the
benefit of bringing together many casinos as a networking way to
improved revenue. Online casinos that join together are at an
advantage as they roll in the revenue from different online
casinos into one online casinos site.
The Stanley Deal had to first take care of the purchased online
casinos debts which is estimated to be close to $10 million. The
deal was made on the basis that the Stanley corporation take
responsibility for the online casinos outstanding debt and the
Stanley Corporation did not seem to have a problem doing it on
the basis that they were to acquire great revenue. Westcliff and
Spielers had already been in connection with each other as they
were separate online casinos in terms of licensing, but they
were operating out of the same site.
The act of bringing together online casinos has been estimated
by economist Mathew Bronxie to be the leading way to increase
online casinos revenues. Bronxie reports that as online casinos
are often faced with bankruptcy, combining online casino is the
smartest business act to do.
Stanley Leisure Casino is notorious for its expanding principles
and with $100 million to spare in terms of expanding its
enterprise, many online casinos are in fear about what that
would mean for their own online casino revenues. Stanley Leisure
also has a good name among online casinos players and it is
always seen as a monopolizer; buying the best branches and
establishing itself as an enterprise.
Since this recent sale, two other online casinos have been
reported as asking Stanley Leisure to sign them on to the deal.
However, it seems that Stanley Leisure has enough on its plate
and is interested only in what it already has acquired. Online
casinos everywhere look at this example and are evaluating their
revenue intake and what they can do to improve their own online
casino revenue using Stanley as an example of what works.
The coming together of this enterprise is making the gaming
world curious in terms of what will be next? What will be the
future of the Stanley enterprise and what does it mean for the
gaming world at large? Will other casinos follow suit and will
provincial casinos too come together to form bigger, stronger
enterprises that roll in more revenue? Or can this be considered
a mistake on behalf of Stanley? Only time will tell; as of right
now, the deal is sealed and we can only wait to see what is next
to come not only for this enterprise but for the gaming world at
large. This has been an example of quite the deal!