32Red in talks to sell Bet Direct online gaming site

September 23rd, 2007

betdirect

Only 18 months after purchasing Bet Direct from Sportech, UK company 32Red is in talks to sell the brand. Though records show an increase in customers over the last year, poor trading has created a pre-tax loss of nearly 4 million pounds.

It is speculated that Irish gaming operator Boylesports is the company considering purchasing Bet Direct, though this remains unconfirmed. Also unconfirmed is the possible selling price of the company. 32Red paid 12.5 million pounds in May 2006.

A quick check of Bet Direct Poker shows 17,980 players online, an increase over the approximately 11,000 active poker or casinos customer base at the time of 32Red’s acquisition last year.

The sale could “give them cash on the balance sheet,” said one industry analyst.


Article Credit: Robin

Top 5 Poker Rakeback Offers
A typical low stakes player who plays a few hours a week can earn thousands a year in rakeback. Learn more about what rakeback is and how it works.

View all PTP Rakeback offers here.

Full Tilt Review
Rakeback Rate: 27%
Pays: Weekly
Stats: Daily updates

Sign up for FTP Rakeback

Cake Poker Review
Rakeback Rate: 33%
Pays: Monthly
Stats: Daily

Sign up for Cake Poker Rakeback

Carbon Poker Review
Rakeback Rate: 30%
Pays: Daily
Stats: Updates Daily

Sign up for Carbon Poker Rakeback

WSEX Review
Rakeback Rate: 70%
Pays: Weekly
Stats: Updates Daily

Sign up for WSEX Rakeback

Top 5 online poker rooms
Rooms hire certain types of players and pay them to play poker. Props must meet the following criteria:



Poker Stars
Rooms need players who won't berate customers and who can follow basic seating and conduct rules.

Full Tilt Review
Rooms look for players who can put in steady rake numbers on a regular basis

Cake Poker Review
Rooms look for players who can handle not revealing that they're being paid by the room to play poker.

Players who qualify can make up to 135% rakeback.

View available offers and request an application here.