Gambling Company Makes US Precedence
As the fad among internet casinos is to do joint ventures, Trident Gaming got
the point and decided to go on its own venture. Trident Gaming which is a sports
betting site has decided to take over Game bookers. Game bookers is a five year
old company that deals with European online sports Betting and has kept itself
as an independent company for the past five years. This union has been met with
mixed feelings from internet casinos that offer sports betting. The internet
casinos without featured sports betting are ambivalent as they will not be
affected by the move.
Trident Gaming has already once acquired a company and it seems to like to
notion of partnership. The company that Trident acquisitioned in the past is
BetBug. BetBug is a US based sports betting site that gives Trident an
advantage. The advantage stems from the fact that Trident has its foot both in
the US door and in the European door; giving it the upper hand as most internet
casinos sports betting sites have their foot only in one. A double market of
internet casinos players is being offered by Trident and their revenue profit
and shares should increase quite a bit.
The acquisition of Game bookers was a 2o million pound deal and over nine
million shares are being said to have sold. internet casinos that are smaller
then the leading ones have shown some interest in bringing together many little
internet casinos because without that the internet casinos sports betting site
will be taken over by Trident.
None of these acquisitions from Trident came easy as BetBug had its issues with
the US legislators. internet casinos are illegal all over the United States of
America and even where sports betting is allowed internet casinos featuring
sports betting are still deemed in the online gaming market and therefore,
illegal. Game bookers was an easier acquisition although it was not without its
hardships, however, Trident has managed to merge owning both and triumphant. The
CEO of Trident gaming, Mr. John O’Malia has stated that Trident is happy with
where they are in their career and they expect extended success and profit in
the near future. internet casinos everywhere that offer sports betting have been
described as intimidated by this new formulation although Bodog still remains a
huge partner in the world of internet casinos.
There have been announcements that Trident will use its gaming license in order
to allow small us internet casinos sports betting sites to be established. It
will be like an enterprise where new internet casinos can come and test their
luck and see where they will end up in the scope of things. Trident will also
serve as an example for US online sites on how one should run its affairs so
that it too can receive licensing from the US. internet casinos everywhere will
definitely be monitoring their financial revenues to see if this acquisition
affected the amount of sports bets they receive this month.