GVC is planning to combine its existing online poker operations onto the partypoker platform following the takeover of bwin.party, it was announced Friday.

In bwin.party’s recommendation to shareholders that it accept GVC’s latest offer, the group outlined its plan for synergies and cost savings.

GVC understands that poker is bwin.party’s least profitable (by contribution) gaming business and has declined in terms of net gaming revenue and contribution in recent years,” the offer document acknowledges.

Subscription Required

To read the full article, you need to be a Poker Industry PRO subscriber.