Mobile betting news
Stan James Finalizes BetDirect Agreement
On October 31st, 2007, Bookmaker Stan James from Gibraltar has commented on their buy-out of the Bet Direct Online Sports betting, casino and poker operation from 32Red plc for GBP 5.75 million. The buy-out deal sees Stan James getting BetDirect from Great Britain with a deadline date of December 10th, 2007.
Stan James Chief Executive Officer Peter Fisher commented that Bet Direct is a well established bookmaker gaming brand which is in direct compliance with their existing gaming operations. The buyout is a very good thing for people working under Stan James and Bet Direct as well as an outstanding opportunity to strengthen the good qualities of their company.
He added that they are 100 percent committed in helping out Bet Direct to attain their full potential and excited that the board of 32Red has approved of their offer. The future prospects of Bet Direct are as strong as ever.
The public announcement of Bet Direct comes on the heels of the debut of their mobile wagering service, Stan James Mobile as well as their bookmaking division SJ Price; Stan James uses their own price range for all Great Britain Horse Racing. This development means that Stan James offer good prices if not better than Amrac and SIS board prices as well guaranteeing cost against SP, giving better prices for patrons.
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