888 acquires all of All American Poker community, eyes US growth

UK-listed Online Casino playing operator Online Casino 888 backing has assumed abounding ownership of the All American Poker community AAPN joint venture to further the company’s US bazaar ambitions. On Tuesday, 888 advised traders that it had paid $28m — $10m upfront, the leisure payable via march 31, 2019 – to acquire the closing 53% of AAPN holdings LLC that it didn’t already personal. The company hailed the acquisition as "a crucial strategic milestone that will facilitate the group’s extra boom approach within the US." AAPN was based in March 2013 as a co-venture of 888 and access OLG leisure, an offshoot of hedge armamentarium billionaire Marc Lasry’s access basic community, as well as some smaller investors.