bwin.party has agreed to sell Ongame poker network to Canada’s Amaya Gaming Group for an initial consideration of €15m, with an additional amount of up to €10m becoming payable if regulated online gaming is introduced in the United States within five years.
The sale is subject to conditions including regulatory approvals and is expected to complete during the fourth quarter of 2012, at which time the management of Ongame will transfer with the business to Amaya.
Amaya [...]