Tag Archives: spring owl

bwin.party set to further cut costs

Under a new revised corporate strategy, bwin.party are set to undertake €10 million (£7.8 million) of cost cut measures, which senior management of the operator believe will help meet its end of year targets and additionally boost shareholder value. bwin.party’s trading statement published on Tuesday said the operator had benefited from the FIFA World Cup in Brazil, but the statement …

Read More »

Bwin.party needs real change to avoid break up

Industry analysts have warned that Bwin.party will really need to show some signs of momentum this year if it is to withstand any pressure to break the company up into its constituent parts. The arrival of activist investor Spring Owl into Bwin’s shareholders last month saw speculation arise that the group would be better served by being split up and …

Read More »