I’ve been scouting around looking for some updates on what’s happening with Foxy Bingo. Not too long ago a little birdie told me that the guys at 888.com were about to buy out Cashcade, which owns Foxy. Apparently they have been trying to push through a deal since last year and looked as though a sale would be done in June…
Now there are loads of people with different opinions on whether this will happen. You go to one site and they say Foxy aren’t doing so well and Cashcade are looking to sell. You go to another and it says the exact opposite. It seems like the gaming industry loves a good old gossip just like the rest of us, as the rumour mill is working overtime on this one!
However, I’ve done a bit of homework to try and bring you the latest update, and from what I can see, Cashcade are going to be finding someone to buy part or all of the business. They’ve bought in an investment bank called Jeffries for a strategic review. But this is mainly because Foxy and sister site Getminted.com are becoming so damn popular and show no signs of stopping! However, the CEO of 888.com recently gave an interview to eGaming review. And at the moment, it seems unlikely 888.com are gonna be poaching our Foxy for themselves, as they want to concentrate on opportunities with smaller companies. We’ll be keeping you updated on this one- but rest assured, we know that although Foxy Bingo may find a new home, he certainly won’t be leaving us!
