(952) 476-7025 Mon - Fri 8:30AM–5:30PM

Partycasino Owner Entain Takes Over Betcity Casino

Partycasino Owner Entain Takes Over Betcity Casino

The Dutch online casino Betcity, known for its many commercials featuring Andy van der Meyde, Wesley Sneijder, and Wim Kieft has yet another transfer to make. This time, however, the company itself is moving and is being taken over by Entain whom you probably know from Partycasino, Partypoker, and bwin.

Entain returns to the Dutch market via Betcity

After eight months of absence, it seems that the international gambling company Entain PLC is coming back to the Netherlands. Entain was already a big player in the Netherlands before online gambling became legal. To have a chance at a license, the company behind Bwin, Partycasino, and Partypoker decided to stop (temporarily) in the Netherlands. As of September 30, 2021, the online gambling sites of Entain were no longer available for Dutch players. Entain deliberately chose to stop before October 1 to avoid fines from the KSA, reported https://bollywood-casino.com/game/teen-patti/.

casinos

One of the first legal online casinos in the Netherlands was Betcity. They received a license from the Dutch Gaming Authority on October 1, 2021. Betcity grew in a short time to become one of the largest online casinos and bookmakers in the Netherlands. A few months later Entain acquires Betcity for an amount between € 300 and € 850 million. The first payment is based on Betcity's weekly performance in 2022. Based on the current forecast, the total fee to be paid by Entain is € 450 million. Not bad for a company that has only been operating for eight months.

Partypoker, Partycasino and bwin back to the Netherlands

With the gambling sites Partypoker, bwin and Partycasino there is a good chance you have already come into contact with Entain. That was before September 30, 2021. Still, Entain is determined to set foot on the Dutch market again. They don't just do that with the acquisition of Betcity for hundreds of millions. In fact, Entain also expects the other three online gambling sites to be licensed by the KSA. This will not only bring several new online casinos to the Netherlands. Also the poker offer will become larger in the Netherlands. Partypoker and bwin will also offer poker.

When the license of one of these three gambling sites will be issued is not yet known. The KSA requested additional documents to handle the application. The acquisition of Betcity will most likely be completed in the second half of 2022. So just a few months to go before you can gamble legally at four Entain casinos in the Netherlands.

casinos

You have never played at Betcity? Then read our extensive Betcity review to see if you think the gambling company is worth € 450 million.

CONTACT US
TODAY

Are you ready to give your home or office the new facelift it deserves? With an easily accessible location in Minneapolis MN, our professional and well trained staff can make your vision a reality. All we need is a little more information about your project, including the design specifications, size, location, and budget. Schedule a consultation with us to get started!

d5433cc348dada400f2127e6bd97c034