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Online Casino Conditions >>> Betting News >>> December News

Growing Network of Sportsbook Casino Sites Doing Well
Casino Conditions Staff

It has been officially confirmed that online betting site, BetOnSports, has bought out MVP Sportsbook, Player Super Book and the sportsbook and casino V-Wager for approximately $37 million.  The deal expands the BOS network of online casinos, sportsbooks, poker rooms, bingo halls and racebooks to a broadened U.S. based market.

Paying approximately $20 million up front (over $15 million in cash), and a conditional payment of up to $16.8 million in cash based on the profitability of the businesses through the coming year, BetOnSports has established themselves as a leading network of highly recognizable online gambling sites catering to American gamblers.

These days, the biggest and best online sportsbooks are ones that also offer online casino games, a poker room, race book, and even lotto and bingo games.  The BOS network has made a name for itself by offering all of this and then some.  Despite some past concerns with their casino software of choice - Real Time Gaming - the company has proven itself to not only be trusted and reliable, but to cater to the wishes of their players.

A few upper management positions changed as a result of the acquisitions.  However, their were no major changes, and online business is going forward as usual.  Despite an increase in favorite NFL wins, financial analysts for BOS are expecting normal company returns to settle in place and correlate to previous years gambling trends.

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