M&A

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 Avenue OLG Entertainment was first established in 2013 but today's acquisition sees 888 buy out Avenue to gain full control of the JV. Since 2013, the…

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