888 ties up All American Poker Network acquisition for $28m

Online casino operator purchases remaining 53% stake in AAPN to facilitate growth in US market

Online casino operator 888 has acquired the remaining 53% stake in the All American Poker Network (AAPN) for $28m, it was announced today. The joint venture (JV) between 888 and AAPN was first established in 2013 but the full acquisition, completed by 888 subsidiary 888 US, will “facilitate the group’s future growth strategy in the…

888 Holdings | All American Poker Network | Itai Frieberger | M&A | Strategy | USA