With the possibility of a sixty million pound sale, British business press such as the Business Sale Report, claims that the company Betgenius, the Internet gambling concern, has leased Arbuthnot Securities, the investment bank, to perform a business strategy audit. The sports gambling sphere is provided by Betgenius's technology and data-driven solutions. Results and odds fixtures emanating form more than fifty various sports encompassing over ninety countries are included in the business provided services to over fifteen thousand market per week. The business' largest shareholders are the board members under M.D. Michael Hornung management, and they manage the site supplying bookmakers services as also enabling punters to make odds comparisons. The individual main shareholder is Hornung according to the filings of Companies House. The directors Mark Locke and David Walker and Alistair Flutter, the business development director maintain large shareholdings too. The company is divided into several sections, where Bestbetting is the most famous; this is site for making comparisons enabling punters to examine sports events' odds coming from approximately sixty various bookmakers making sure that the finest value is provided. Service provisions to business collaborators are also offered by Betgenius's own site, known as white label provisions which come in assorted brands. Connextra is an additional central section of service operations enabling bookies to change their Internet ads in an automatic manner including odds provided live and on real time, and enabling odds-setters to make risk calculations and responses to opponents' faster price fluctuations is provided by Margin Manager. Analysts are anticipating a consolidation wave in the Internet gambling and software sphere, according to last weekend's Sunday Times' report. For instance, there could be the sale of Sporting Index soon, the spread-wager company, which is growing in its bookmaker services. According to reports a potential sale is being examined by Hg Capital's owner who has hired consultants to investigate such possibilities. Posted on: January 2, 2008
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