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Online Casino News for Tuesday - February 17, 2004

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Online Casino News
Boss Media sells Gold Club Casino - 2004-02-17
Boss Media has sold its Gold Club Casino, to an unnamed buyer. The news follows the sale of its online casino portal Casino.com in autumn last year, as part of Boss’s policy of focusing on its main business of software development. The company had earlier decided to dispose of its business to consumer division. Boss will still provide gaming software and related services to the buyer, who has asked to remain anonymous.

'We have now completed what we set out to do during 2003, to sell our gaming operations in order to fully focus on our core business of developing software for the gaming industry.
Read the full story at Online Casino News
 
Two Casino Companies Merge - 2004-02-17
Casino analysts had been predicting a wave of mergers between big casino companies and the first
sign they were right was announced last week with the merger of Boyd Gaming and Coast Casinos. The
$1.3 billion deal blends two very distinct but small companies into a gaming behemoth that will quite probably be able to compete with the big boys.

The merger will make Coast a subsidiary of Boyd Gaming, so you'll still be seeing the Coast name on properties and business cards around town. Once you put the two together, you're talking revenues in the billions of dollars and 17 hotels and casinos across the country, including partial ownership of the new Borgata Resort in Atlantic City.
Read the full story at KTVU.com
 







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2012-02-08