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Huge Casino 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!




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