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PR: Bodog.com Purchases Betcorp's European and Asian-Facing Gaming Business

Discussion in 'Casino Industry Discussion' started by Casinomeister, Oct 23, 2006.

    Oct 23, 2006
  1. Casinomeister

    Casinomeister Forum Cheermeister Staff Member

    Occupation:
    Homemaker
    Location:
    Bierland
    More Acquisitions Likely to Follow as Bodog.com Purchases Betcorp's European and Asian-Facing Gaming Business

    October 23, 2006

    Bodog.com Entertainment Group announced today a deal that would see the international digital entertainment giant enter into an agreement with Betcorp Limited to acquire the companys international infrastructure, which includes its comprehensive gaming products, international customer base, technology, licenses and the groups Antiguan offices. The agreement, conditional only on the approval of Shareholders, is another step in Bodog.coms long-term strategy to expand its brand presence into international markets.

    "This purchase, which speaks directly to the current strength of our business, is the first of many possible international acquisition targets under consideration," says Calvin Ayre, the billionaire founder of Bodog.com. "We couldnt be better positioned to build upon our current success and growth and to continue our aggressive push towards international expansion into markets such as Europe and Asia."

    Bodog.coms latest strategic acquisition should come as little surprise, as the digital entertainment company has been taking a multi-phased approach to expanding its product channels into international markets for the past several years, with Bodog Music and Bodog Television leading the way.

    Bodogs international music distribution division, Bodog Music, currently has offices in Berlin, London and other international destinations. Bodog Television shows, including BodogFight.com and Calvin Ayre Wild Card Poker, are being distributed worldwide on cable, satellite, PPV and broadband to countries such as Russia, Australia, South Africa and the United Kingdom.

    "Bodog has never been confined to any particular market or single form of entertainment," says Ayre. "Our greatest competitive advantage is and always has been our ability to combine a number of different forms of entertainment into one all-encompassing digital entertainment offering. It is because of this strategy that weve been able to successfully create the first truly international brand of this type, and it is what will guarantee our success as a world-facing entertainment provider for years to come."

    Bodog.coms acquisition of Betcorps international infrastructure will also have many implications on the industry and its international player-base. "Our latest move has been part of our long-term strategy and only represents good news for the industry and for the many existing and prospective Bodog.com customers," says Ayre. "It is in times such as these that players gravitate towards the strongest, most successful and most reputable companies. Were confident in the strength of our brand and were confident that our players are, too."

    There is also added benefit in this deal to host countries such as Costa Rica and Antigua & Barbuda, as Bodog.com will be growing its operations in both countries.

    "Along with the many gains that are generated by allowing online gaming companies to operate within their borders, these host countries see an increase in employment opportunities and infrastructure, created by the international companies," says Ayre. Bodog.com, for example, employs hundreds of employees in Costa Rica and its purchase of Betcorps Antiguan offices will effectively save a number of jobs from being lost.

    About Bodog.com Entertainment Group

    Bodog.com , based out of San Jose, Costa Rica, is federally licensed by the Costa Rican and UK governments. Bodog.com Entertainment Group Founder Calvin Ayre, recognized as a world authority on branding in digital entertainment, was featured on the cover of Forbes magazine's recent best-selling "Billionaires" issue. Bodog.com also has a thriving online community, which includes history-making World Series of Poker Main Event champion Jamie Gold (You must register/login in order to see the link.. Bodog.com Entertainment Group offers a host of entertainment services, including: online gaming (Bodog.com); an international record label (Bodog Music.com); a million-dollar band search competition ( BodogBattleoftheBands.com); a publishing division (with an online magazine, BodogNation.com, and blog, BodogBeat.com); an events department renowned for producing parties that are stunning, chic and celebrity-filled; and an international television production division, which produces reality television series, such as BodogFight (BodogFight.com) and Calvin Ayre Wild Card Poker (CalvinAyre.com ). For more information, contact Media Relations at 1-866-892-3371, or This email is not visible to you.. BODOG is a registered trademark of Bodog.com Entertainment Group.
     
  2. Oct 24, 2006
  3. WagerWitch

    WagerWitch Dormant account webmeister

    Occupation:
    Yeah - like - really? Hmmm do I have to work?
    Location:
    Alaska
    Good God - Calvin Ayre - He's going to be the Bill Gates of this world soon.

    Too Bad I'm married and old and outta shape (ok - so I'm not 23, 28-15-66 in measurements!!! ROFLMAO!)

    Anyhow - Too Bad Calvin doesn't take an interest in the Crew that he has out of us Gamblers and actually use us to get organized and change the Laws.

    BoDog has come a LONG way!

    Wager Witch
    luckymeki
     

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