Bodog Buys WWTS
Shareholders are scheduled to approve the sale of Betcorp subsidiary, Tasman Gaming, which encompasses all of the group’s US-serving gaming brands, on November 15th. Betcorp CEO tells SBR that they were required to give shareholders three weeks notice before the meeting. This means player funds will remain frozen until the transfer is complete. Bodog will acquire Tasman for $9 million, with $3 million cash due at the time of transfer and four subsequent payments of $1.5 million each.
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