According to Thompson Financial, the Austrian bookmaker is to seek shareholder approval to raise EUR 500 million to finance the acquisition of Sportingbet and other future deals.
In separate news, the Vienna Commercial Court rejected an application submitted by Omnia Communication-Centers for a preliminary injunction against Bwin. The injunction would have prevented the bookmaker from offering games of chance, particularly online poker and casino games, on the Austrian market under its Gibraltar license.
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