Private Equity Firm Purchases Casinos

Published June 5, 2005 by OCR Editor

Private Equity Firm Purchases Casinos

A private equity fund by the name of Rising Star Gaming is rapidly positioning itself as a true up-and-coming star in the online casino industry.

Recently, they have managed to add another two online casinos, with the acquisition of the Magic Gold and Express Poker. Additionally, they have also hired the Cyber Success Group, which is an affiliate marketing company that specializes in promoting online gambling sites, to handle the advertisement for their latest acquisitions.

Even though both Magic Gold and Express Poker are relatively new to the gambling landscape online, they have been able to develop a strong fan-base for themselves. Magic Gold offers Table Games, Slots, Video Poker, Specialty Games, and Progressives. On the other hand, Express Poker caters specifically to online poker players, offering almost every variation of poker you can think of, including Texas Hold'em, Omaha & Omaha Hi/Lo, 7 Card Stud & 7 Hi/Lo, Guts Poker, Chinese Poker, Big 2 Poker, Pan, and even Blackjack.

Rising Star Gaming is determined to make a name for themselves as one of the marquee players in the online gambling market. They are intent on accumulating quality assets in an impressive pace. About two months ago, they acquired the Hampton and Portofino casinos, two well-established and popular sites. With their latest additions, Rising Star Gaming now operates four online casino websites.

See also

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William Hill Complete WHO Purchase Chronology

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