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Posted by: Jetset at February 15, 2004, 12:28 am
Topic: would BM ever repnt? Forum: Winner Online

Not any more it isn't.

InfoPowa Feb. 13 2004

GOLD CLUB SOLD

Undisclosed buyer / price for top Boss casino

The announcement has been expected for months as Swedish turnkey provider Boss Media continues to rationalise and concentrate on its core business...but this week the news was official - flagship Gold Club Casino has been sold.

The press release was brief and to the point, revealing that in order to concentrate on its core business Boss Media had decided to sell it's business-to-consumer division, starting with the web portal Casino.com that was sold for a reported $5 million during 2003. The release gives no details of intentions regarding player accounts, which will presumably be privately emailed, but does say that the undisclosed new owner will be staying with the Boss Media software package.

The price has not been disclosed, again at the request of the new owner.

"We have now completed what we set out to do during 2003, to sell our gaming operations in order to fully focus on our core business of developing software for the gaming industry. In addition, by selling Gold Club Casino, we have established a business relation with a gaming operator which has substantial future plans", says Peter Bertilsson, CEO of Boss Media.
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