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Leading network, 888 Holdings has purchased popular online bingo site Wink Bingo for a massive £60 million.
This move has proved to be a highly successful deal for both parties, especially as Wink Bingo has gained such a huge following – making it a very profitable deal for 888 Holdings. With a recorded 60,000 players in October 2009, Wink Bingo is worth millions in profits and revenue.
Gigi Levy, CEO of 888 Holdings said, "We are delighted to announce the Wink Bingo acquisition as an expansion of our B2C online Bingo footprint in the lucrative UK market. The Wink team has a proven track record of excellence in marketing, CRM and execution, and will be a great addition to our growing Bingo business.
In addition the transaction is financially attractive and will be earnings enhancing." Powered by Cashcade software, players can expect the same great bingo games online plus a host of excellent promotions as part of the 888 network.
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