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PartyGaming makes bid approach to Empire

source: www.onlinecasinonews.com

Internet gaming firm Partygaming has revealed it is in early bid talks with rival Empire Online.
PartyGaming said it had made a 'preliminary, non-binding approach to Empire'. Last month, PartyGaming reported a 32% rise in quarterly revenue to $220m (£124m). Empire, however, was forced to issue a profit warning last month after its users were blocked from using sites run by Partygaming. Partygaming has not released how much it was prepared to offer for Empire.