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BetClic takes over GigaMedia’s stake in Mangas Everest

31st July 2012 9:33 am GMT

BetClic Everest Group (BEG) has taken over full ownership of Mangas Everest following GigaMedia’s decision to completely write-off its stake in the business earlier this year.

BEG recently upped its stake in Mangas Everest to 66.66 per cent at the end of April, having acquired a 60 per cent stake in the business in December 2009.

Mangas Everest has been beset by problems in the past year, primarily due to the re-regulation and [...]

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