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26 October 2007

Leisure and Gaming puts Acropolis on the block


One of the longer established online casinos, Acropolis Casino.com is up for sale at a price of $500 000 according to AIM-listed Leisure and Gaming plc which owns the operation through subsidiary Grouse Entertainment NV.

eGaming Brokerage.com has listed the online venue, revealing that L&G is "....exploring the possibility of selling its subsidiary, Grouse Entertainment NV, being the legal entity that owns and operates the Acropolis Casino www.acropoliscasinos.com."

Grouse / Acropolis holds a Curacao gaming license and owns its own fully depreciated equipment. The site uses the Playtech
casino software and outsources payment processing and customer services.

Despite no marketing in recent times, and a decline in net win since 2006 levels, Acropolis Casino has been generating an average of $100 000 per month in net win and $16 000 per month in EBIT since the beginning of 2007 through returning players, its established and recognised brand and good natural search engine optimisation. The casino has a database of some 24 000 non-US cash players.

Online Casino News courtesy of InfoPowa

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