Poker Merger Rumors AboundMonday, November 6th, 2006 by admin
The poker world has been buzzing with rumors that Absolute Poker and UltimateBet will announce a merger in the very near future. The two sites, who are both still taking bets from US residents, will reportedly continue to operate as separate brands if the merger takes place.
There are also rumors that UK bookmaker Ladbrokes is looking into acquiring 888 Holdings, operators of Pacific Poker.
The publicly listed 888 Holdings may sell to Ladbrokes to deal with the Unlawful Internet Gaming Enforcement Act (UIGEA). It has also been reported that several other companies, including PartyPoker, MGM, and Harrah’s Entertainment are also interested in purchasing 888 Holdings.
As always, Playsolidpoker.com will keep you updated on all breaking news in the Online Poker industry.