{"id":28565,"date":"2016-01-21T10:41:56","date_gmt":"2016-01-21T10:41:56","guid":{"rendered":"http:\/\/www.gaming-awards.com\/NEWS\/?p=28565"},"modified":"2016-01-21T10:41:56","modified_gmt":"2016-01-21T10:41:56","slug":"gvc-to-sell-payments-arm-and-sale-of-foxy-bingo-rumours-continue","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/gvc-to-sell-payments-arm-and-sale-of-foxy-bingo-rumours-continue\/","title":{"rendered":"GVC to sell payments arm and sale of Foxy Bingo rumours continue"},"content":{"rendered":"<p><a href=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2015\/01\/GVC.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-26388\" src=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2015\/01\/GVC.png\" alt=\"GVC\" width=\"200\" height=\"84\" \/><\/a>GVC has said that it will offload the online payments division it purchased as part of the acquisition of bwin.party for \u00a31.1 billion.<\/p>\n<p>Chief Executive of GVC Kenny Alexander said to the Telegraph recently that although Kalixa does most of its business with bwin.party it also has expanded to other online forms but GVC has already spoken to other payments companies in preliminary talks of a sale.<\/p>\n<p>\u201cWe\u2019ll probably look at maybe disposing of bits of that,\u201d he said. \u201cWe\u2019ve had very early discussions.\u201d<\/p>\n<p>Other interesting news from the interview was that GVC will start to look at new acquisitions within the online gaming industry quite soon once the bwin.party deal is fully completed.<\/p>\n<p>Finally with rumours of GVC selling off another bwin.party asset of Foxy Bingo the Mr Alexander said those were unfounded and Foxy Bingo was \u201ca cracking business\u201d. However those rumours still continue with initial names mentioned being Simon Collins who owned Foxy Bingo before selling it to bwin.party for \u00a395 million, however Simon Collins said that a deal to buy back Foxy Bingo was probably out of his range as GVC would want to make a substantial profit from the sale.<\/p>\n<p>Other suitors would certainly be Gala Bingo and Mecca Bingo to help boost their own brands.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>GVC has said that it will offload the online payments division it purchased as part of the acquisition of bwin.party for \u00a31.1 billion. Chief Executive of GVC Kenny Alexander said to the Telegraph recently that although Kalixa does most of its business with bwin.party it also has expanded to other online forms but GVC has [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":28566,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,3,8],"tags":[],"class_list":["post-28565","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-headlines","category-igaming","category-latest"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>GVC to sell payments arm and sale of Foxy Bingo rumours continue - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/gvc-to-sell-payments-arm-and-sale-of-foxy-bingo-rumours-continue\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"GVC to sell payments arm and sale of Foxy Bingo rumours continue - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"GVC has said that it will offload the online payments division it purchased as part of the acquisition of bwin.party for \u00a31.1 billion. 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