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September 5, 2008
Following the acquisition of online bingo company Bingos.com by NetPlay TV earlier this year, the online bingo site will shortly be relocated from Spain to the NetPlay TV headquarters in London, UK. This unfortunately means a number of redundancies for Mallorcan employees of the online bingo firm Bingos, which will be concentrated in those areas where roles between the two online bingo companies converge. The takeover of the online bingo firm was originally calculated at 8 million euros. Taking the restructuring costs including redundancies into account, the revised cost of the acquisition of Bingos will be reduced to 7.4 million for NetPlay TV. Bingos.com is currently operating its online bingo websites in the UK, Spain, Italy and also Poland. All these bingo sites will be implementing the TV Bingo feature within the next few months. NetPlay TV confirmed that its new Celebrity TV Bingo program will be launched in October in the UK for a daily bingo show on Sky channel 867. Celebrity hosts for the show include, Linda Lusardi, Jim Bowen, Cheryl Baker and many more. NetPlay TV shares gained more than 7% on the London Stock Exchange following the announcment yesterday. Written by Charlene Grey for BingoStreet.com – the UK’s number one authority on the best free bingo games and the top online bingo promotions.
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