Following shareholders voting on the issue, PartyGaming and Bwin are now set to go ahead with their proposed merger.
The two companies held extraordinary general meetings today and the results of their votes were more than conclusive. 99.4% of PartyGaming shareholders voted in favour of the merger while Bwin’s shareholders voted unanimously for the move.
This will result in the creation of bwin.party Digital Entertainment Plc and will see the two companies working together on all fronts. The co-CEOs of this new company expressed their delight at the result of the votes and noted them as a milestone.
Jim Ryan and Norbert Teufelberger, the proposed co-CEOs also said: “We are delighted that both sets of shareholders have overwhelmingly recognised the benefits of creating this company.”
While excited about the new deal, PartyGaming have been careful to stress that there will only be improvements to their online products which include PartyCasino and bingo and poker products.