The Code and Regulations define bingo as a game of chance played with cards that are typically printed with five rows of five squares each. Participants place markers over randomly called numbers on the cards in an attempt to form a pre-selected pattern such as a horizontal, vertical, or diagonal line or all four corners. The first participant to form the pre-selected pattern wins the game. In addition, for a game to meet the legal definition of bingo, wagers must be placed, winners must be determined and prizes or other property must be distributed in the presence of all persons placing wagers in that game. 888 (LSE: 888), one of the world’s leading online betting and gaming companies, today announces that it has reached an agreement to sell its entire B2C and B2B bingo businesses (the 'Transaction'), to Saphalata Holdings Ltd. The London-listed operator intends to concentrate on sports betting and iGaming products. Sale of bingo business to increase focus on core B2C and USA growth strategies. ![]() The deal includes the business-to-consumer and business-to-business operations and the Dragonfish brand. These client businesses are mostly online bingo and casino owners, who use Dragonfish’s expertise to design, launch and market their casino and bingo sites. Broadway Gaming Group’s Saphalata Holdings announced Wednesday the acquisition of the entire online bingo business units of 888 Holdings for a total consideration of 50 million. 888 Holdings has agreed to sell its entire bingo business to Broadway Gaming for 50m.
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