Roxy Palace now owned by 32Red
Saturday, March 26, 2016
Roxy Palace now owned by 32Red
July 24 2015
This is good news for anyone looking for safe casinos to patronise - 32Red has bought Roxy Palace, another very long-standing Microgaming casino:
32Red confirms acquisition of Roxy Palace
14 July 2015
32Red has completed the acquisition of remote online gaming business Roxy Palace for a total consideration of £8.4 million (€11.8 million/$13 million).
32Red will take ownership of the customer database, intellectual property rights and certain other assets used in connection with the business via the acquisition of the entire issued share capital of Eucalyptus Investment, a wholly-owned subsidiary of Hyperlink Media Limited and Applied Logics.
Ed Ware, chief executive officer 32Red, said: "We have known and respected the business for many years, and share a number of common values. Like 32Red, Roxy Palace is also based on the Microgaming platform, which will aid in making for a smooth integration. This acquisition fits well with our regulated markets growth strategy and will allow us to leverage the expertise that the Roxy Palace team has built up over many years in international markets to the combined benefit of the enlarged business. To that end we will continue to support the Roxy Palace brand along with maximising synergies where appropriate."
14 July 2015
32Red has completed the acquisition of remote online gaming business Roxy Palace for a total consideration of £8.4 million (€11.8 million/$13 million).
32Red will take ownership of the customer database, intellectual property rights and certain other assets used in connection with the business via the acquisition of the entire issued share capital of Eucalyptus Investment, a wholly-owned subsidiary of Hyperlink Media Limited and Applied Logics.
Ed Ware, chief executive officer 32Red, said: "We have known and respected the business for many years, and share a number of common values. Like 32Red, Roxy Palace is also based on the Microgaming platform, which will aid in making for a smooth integration. This acquisition fits well with our regulated markets growth strategy and will allow us to leverage the expertise that the Roxy Palace team has built up over many years in international markets to the combined benefit of the enlarged business. To that end we will continue to support the Roxy Palace brand along with maximising synergies where appropriate."
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