BRITISH COMPANY TAKES OVER SPIN PALACE-PIGGS CASINO

Fairground Gaming Holdings has taken over the well-known Spin Palace-Piggs Casino, paying for it around 66 million dollars. Soon after the deal has been sealed, the share trading at the London AIM was stopped. Fairground Gaming executives revealed that a conditional purchase agreement has been reached and all the online businesses were acquired for a sum of 66 million dollars. According to the Fairground Gaming CEO – Evan Hoff, the Spin Palace will enable Fairground Gaming to make faster progress and to enhance their future revenues. As both of the companies are doing quite well on the online casino market, the experts assume that this venture is going to be a truly successful one.
These are some of the conditions of the deal:
Two merged businesses – Spin Palace and Piggs Casino create the Spin Palace Group – a licensed Internet casino and poker group.
The freshly created online casino is powered by Microgaming software, a company that is considered to be one of the best software providers on the online casino market.