m88 the strength of the offering has led to over 40% in
compounded annual growth in terms of turnover and customers for the
company since inception. Gamebookers now has annual sports betting
turnover of over EUR180 million, customers from 123 countries, and has
unmatched customer diversity across Western, Central, and Eastern
Europe. Debt was arranged by Advicorp and Seymour Pierce.
In a white label partnership Trident would provide all the back-end
technical assistance and maintenance, but the customer-facing front-end
would carry the licensee’s design and branding, complimenting their
Gamebookers offers a full sports book service, including a
market-leading combo betting offering, free SMS bet alerts, and one of
the market’s largest in-running betting offerings along with an
Both BetBug and Gamebookers offer peer-to-peer wagering. Gamebookers offering is customized for the
European market, whereas BetBug’s unique distributed technology is
uniquely valuable for the US market.
“Trident will also license its sports betting platforms so
that other top-tier global online casino and poker groups can legally
offer sports betting across the US and in Europe,” said
O’Malia. P2P betting allows individuals to wager directly against other people rather
than with a bookie or betting shop. “Because we have designed a product that clears all
legal hurdles, we expect to build on our current licensee base and
rapidly expand our white label partnerships with major online gaming
For further information, photographs and interview requests please
contact Cancan Communications: Joslyn Tinker,
firstname.lastname@example.org, +44-(0)207-395-0500; Clemence de Crecy,
email@example.com, +44-(0)207-395-0511; Gamebookers
Ireland: Eddie Lee, firstname.lastname@example.org, +353-71-9154512, +353-87-9249282
LONDON, July 21 /PRNewswire/ — Trident Gaming, a provider of
sports betting services, today announced the acquisition of Gamebookers,
a European online sports betting provider established in June of 2000.
Having acquired BetBug, a US-facing peer-to-peer sports betting exchange
last month, this acquisition makes Trident the only company in the world
with a regulatory compliant online betting platform for both the
European and US markets.
“BetBug is the only legal way to offer online sports betting
in the US,” said John O’Malia, CEO of Trident Gaming.
“Now by adding Gamebookers and its hugely successful sports book
and three active European gaming licenses, the directors believe that
Trident is uniquely well positioned for global success.
The Gamebookers acquisition was agreed on Friday, 15th July and
financed by GBP20m of convertible debt and over 9.3 million shares in
Trident Gaming. BetBug achieves this without any
interaction with a central server, whereas the Gamebookers P2P platform
runs via a central server. Gamebookers just launched a version of its website in Romanian,
and will be rolling out further Eastern European languages in the coming
Notes to the Editor:
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