6/29/2007
Royal Sport announces sale to SBG Euro
Royal Sports (betroyal.com) management announced the sale of the business to SBG Euro in an exclusive interview with TheOnlinewire.com on Friday.
"We are delighted to announce the sale of BetRoyal to SBG Euro," Robert Chapman, spokesperson for the, now former, Royal Sports management told TheOnlinewire.com in an exclusive interview on Friday.”Royal Sports shareholders have decided to exit the sports gaming area and sell Betroyal to SBG Euro in a move to increase their presence in other not gaming related business venues."
"Shareholders reviewed several proposals and positively accepted the offer brought forth by SBG Euro to purchase their sports betting related businesses," the spokesperson said. "With the completion of the sale shareholders are now able to fully focus on other business ventures."
“We believe SBG represents the pinnacle of the online gaming industry in terms of longevity, experience and quality of service,” The Royal Sports spokesperson said. “New ownership has longstanding experience in the sports betting arena and has shown a strong commitment to business and will continue to cater to global online gaming community. We are confident our former customers will enjoy a similar or better level of service under the new ownership.”
BetRoyal operations key personnel will remain in place under the new ownership to ensure a seamless migration and no disruptions to the company's existing customers.
The deal is scheduled to close July 1, 2007. For more information contact Robert Chapman at bob@betroyal.com
TOW Industry Newswire - Published June 29 2007 - 3.15 pm EST - TheOnlinewire.com
Royal Sport announces sale to SBG Euro
Royal Sports (betroyal.com) management announced the sale of the business to SBG Euro in an exclusive interview with TheOnlinewire.com on Friday.
"We are delighted to announce the sale of BetRoyal to SBG Euro," Robert Chapman, spokesperson for the, now former, Royal Sports management told TheOnlinewire.com in an exclusive interview on Friday.”Royal Sports shareholders have decided to exit the sports gaming area and sell Betroyal to SBG Euro in a move to increase their presence in other not gaming related business venues."
"Shareholders reviewed several proposals and positively accepted the offer brought forth by SBG Euro to purchase their sports betting related businesses," the spokesperson said. "With the completion of the sale shareholders are now able to fully focus on other business ventures."
“We believe SBG represents the pinnacle of the online gaming industry in terms of longevity, experience and quality of service,” The Royal Sports spokesperson said. “New ownership has longstanding experience in the sports betting arena and has shown a strong commitment to business and will continue to cater to global online gaming community. We are confident our former customers will enjoy a similar or better level of service under the new ownership.”
BetRoyal operations key personnel will remain in place under the new ownership to ensure a seamless migration and no disruptions to the company's existing customers.
The deal is scheduled to close July 1, 2007. For more information contact Robert Chapman at bob@betroyal.com
TOW Industry Newswire - Published June 29 2007 - 3.15 pm EST - TheOnlinewire.com
