Though it’s been pretty much common knowledge within various poker circles (tell your employees to not update their Facebook status with “Just got back from a business meeting in Stockholm” if you’re denying merger rumors in public – haha), the PartyGaming / bwin merger has finally been confirmed. According to the PartyGaming website:
The proposed merger of bwin and PartyGaming, announced on 29 July 2010, will bring together two of the original pioneers and now giants of the online gaming world. The merger will create the clear market leader with leading positions across all of the key product verticals of poker, sports betting, casino and games which includes bingo.
There will be a webcast at 09:30 BST with Jim Ryan and Norbert Teufelberger which should provide more details.