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BetRoyal Sold to SBG Global
BetRoyal Sold to SBG Global
"We are delighted to announce the sale of BetRoyal to SBG Euro," Robert Chapman, spokesperson for the, now former, Royal Sports management mentioned in a general press release on Friday. ”Royal Sports management have decided to exit the sports gaming area by selling Betroyal.com to SBG Euro in a move to increase their presence in other not gaming related business venues."
"Shareholders reviewed several proposals and overwhelmingly approved the offer brought forth by SBG Euro to purchase their entire sports betting related business," the spokesperson said. "With the completion of the sale shareholders are now able to fully focus on its’ other business ventures."
“We believe SBG represents the pinnacle of the online gaming industry in terms of longevity, experience and quality of service,” The Royal Sports spokesperson said. “New ownership has longstanding experience in the sports betting arena and has shown a strong commitment to business and will continue to cater to global online gaming community. We are confident our former customers will enjoy a similar or better level of service under the new ownership.”
BetRoyal key operations personnel will remain in place under the new ownership to ensure a seamless migration and no disruptions to the company's existing customers.
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1st July 2007, 01:47 AM
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