Bwin CEO to Get Rich on Acquisition Deal

Bwin CEO to Get Rich on Acquisition Deal Norbert Teufelberger, the chief executive officer of Bwin Party Digital Entertainment, could have a large sum of money in his future should an acquisition deal be made.

Most recently we’ve reported that GVC, Amaya combo and 888 Holdings have shown interest in acquiring the company.

According to the Telegraph news publication, Teufelberger could potentially earn GBP 17 million following the sale as he reportedly holds approximately 13.3 million shares in Bwin plus another 9.2 million in deferred shares and options.

Share values have decreased but a spokesman for Bwin.Party told the Telegraph that Teufelberger wants to appeal to the interest of all shareholders with his decision.
  • Obviously this guy knows very well what he doing because Bwin grown out of nothing some years ago, by the way not so long ago and now his company worth a millions and two others wants to buy it. It will be interesting who is going to win but my guess is that Amaya have the better chance for doing that.
  • Norbert Teufelberger is a great businessman.He recognized the chance to make big company and absolutely made it.Bwin is one of the biggest gambling companies.Symbol of its power is the thing that they were powerfull enough to be general sponsors of Real Madrid.Amaya Combo and 888 Holdings are titans in their business so fight for Bwin will be hard.
  • It is a fight of giants, GVC and Amaya x 888 Holdings, looking to buy Bwin Party, in which case I think it also includes all the sections of Party Gaming (Poker, Casino and SportsBet), this makes sense, as the Amaya Group had indicated their intention to offer along with the brand Ful Tilt Poker a section of integrated sportsbook, might be a good opportunity now.

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