Unibet paid $8million for Bingo.com

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    Last post ago almost 2 years by chocolateman
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      • Me

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        "All it takes for evil to prevail is for good people to do nothing "

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        • Nirvana2
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        It was reported that Unibet paid $2 million in cash, combined with the redemption of its 15,000,000 in common shares in Bingo.com. Each of those shares being valued at $0.40 per share

        full story here :  http://www.latestbingobonuses.com/bingo-news/2015-01-01/bingocom-sells-to-unibet/
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        One would think such bingo site ( with a premium domain name ) and long tradition and player base would have sold for much much more...
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        I believe bingo.com' business was declining for a long time , so not really a surprised that the selling price was not much higher.
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        $8 Million? Damn I wished I had $8

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