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bwin.party begins formal process to sell Ongame

30th June 2011 8:19 am GMT

bwin.party digital entertainment plc said Thursday that it has commenced a formal process to sell the company’s Ongame B2B poker network, with a sale expected to be completed by the end of the year.

In a statement to shareholders at the company’s Annual General Meeting in Gibraltar later today, the board of bwin.party will say that current trading is broadly in line with management expectations, despite lower than expected sports margins due to a favourable run [...]

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