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Unibet Acquires Online Gambling Firm - 12-06-07

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December 6 - Leading Swedish online gambling firm, Unibet Group plc, has bought fellow Swedish gambling online company, Maria Holdings, with the objective to strengthen its position in the Nordic and online bingo gambling markets.

In a deal said to be worth 54 million pounds sterling, Unibet acquired Maria Holdings from its parent company Maria Invest AB in order to take over the company's selection of top-rated online gambling websites including Mariabingo.com, Mariacasino.com and Carlospoker.com.

The move will strengthen Unibet's online gambling presence in the Nordic countries (Denmark, Finland, Iceland, Norway, Sweden and Greenland) as well as provide it with many more opportunities in the lucrative and fast-growing online bingo market.

The deal, which went through smoothly, has helped cement Unibet as one of the leading lights in the Scandinavian online gambling industry, as well as encourage more female players to join its already impressive player base as a result of its newly acquired online bingo sites.

Said Petter Nylander, CEO of Unibet Group plc, after the acquisition, 'Through this acquisition we will strengthen our position in the Nordic region as well as within the fast growing online bingo market, which is well documented to attract women players.'

Nylander was recently arrested in Holland on an EU arrest warrant issued by French authorities on charges of contravening France's draconian and monopolistic online gambling laws.

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8/29/2008 9:05:50 AM
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