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bwin.party eyes active role in industry consolidation

29th August 2014 8:21 am GMT

London-listed online gaming operator bwin.party has raised the prospect of spinning off certain business segments, or joining the wave of industry consolidation, after posting another set of disappointing financial results.

In a statement accompanying the results released today (Friday), chief executive Norbert Teufelberger conceded that “it is clear that a more fundamental approach is needed to turnaround our commercial and operational performance”.

Teufelberger said that this would require a major change to simplify the business structure in [...]

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