PartyGaming Likely to Settle Online Poker War with Empire Online for $200 Million

PartyGaming Likely to Settle Online Poker War with Empire Online for $200 Million
OnlinePoker-News 02/15/06 21:51
A settlement for $200 million. That's what it looks like it will take to finally bring an end to the hostilities between online poker providers PartyGaming and Empire Online. PartyGaming is reportedly prepared to compensate Empire Online with this huge sum in light of having cut off its poker site, Empire Poker, from the millions-strong PartyGaming player base. As of last year's severance of ties between the two organizations, Empire Poker was left with only a small percentage of active poker players on the site, causing "substantial damage" to Empire Online revenues.

Empire Online settles with PartyGaming (2)
Professional-Poker 02/16/06 02:44
Party Gaming has agreed to buy the "skin" activities of Empire Online for $250 million dollars. The deal is conditional upon the approval of Empire Online's shareholders. Empire Online will now concentrate it's marketing efforts on Noble Poker and Club Dice Casino.

Empire Online settlement with PartyGaming close at hand
Professional-Poker 02/15/06 21:51
Empire Online filed suit against PartyGaming late last year in Gibraltar, following Party's decision to separate it's poker platform from that of it's skins. Empire Online has now released a statement saying it is in "advanced discussions" with PartyGaming to settle the dispute.