BLP Bingo Win

Berwin Leighton Paisner LLP (BLP) is advising Global Gaming Entertainment N.V. and Euro Gaming Ltd on the sale of Bingos.com, the award-winning European online bingo operator based in Majorca, to AIM quoted interactive company NetPlay plc for an aggregate consideration of £6.25m.

The BLP team was led by Head of Corporate Finance, David Collins and corporate finance partner Alexandra Denison, assisted by Damien Jackson.  Senior associate Stephen Ketteley advised on gambling related issues.

Commenting on the deal, David Collins said:

We are delighted to have had the opportunity to work with the Bingos.com team on this transaction.  The deal is a good illustration of the attractiveness of the fast growing, interactive bingo market, both as a stand-alone business segment and also as part of a broader converged TV, internet and mobile platform for the bingo consumer.

If you require further information, please contact David Collins at david.collins@blplaw.com.

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