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Victor Chandler Is In The Queue! PartyGaming Is Hungry!
 August 27, 2006, 7:46 pm (5 years ago)Victor Chandler Group is the next logical as well as strategic target of the
PartyGaming Plc. After the recent £69 million acquisition of Gamebookers, the Victor Chandler Group is its next tactical takeover, in the extension of its non US operations.
PartyPoker.com is being operated by PartyGaming. The odds are in favor of it in acquiring the online gaming company even though at least two more companies are rumored to be in the fray. The strategy behind this move is, the Victor Chandler Group is having a big stake of its business in the Asian market. It does not entertain US bets. Obviously a practical option for PartyGaming’s calculated move for development.
The exclusive online poker brand of the Victor Chandler Group is making a turnover of £1.4 billions. It is also operating a sportsbetting business.
Of course it’s all rumors! Neither PartyGaming nor the Victor Chandler has confirmed this officially. But gossip has been flowing that dialogues could begin soon. Zeus Capital, the corporate finance firm is likely to be Victor Chandler Group’s coordinator in evaluations of this irresistible offer.
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