Foxy Bingo And Cheeky Bingo Up For Sale For 100 Million Pounds
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Many people who know the online bingo world, know the likes of Foxy Bingo and Cheeky Bingo, but is really possible that these two online bingo giants could face being sold because of trying to reduce debt?
It is sad, but true. Cashcade is the operator behind these two online bingo websites is facing serious amounts of debt and there are looking to unload the sites for a reported 100 million pounds. Online Bingo software company, 888 Holdings, who is currently under contract with Cashcade, was looking to buy, but when the price jumped, so did they.
The owners of Cashcade would hate to see Foxy Bingo go, said one source, because their advertising attempts have been so successful. Party Gaming jumped into the mix and offered 75 million down and the other 25 million based on future performance. There is no word yet whether Cascade has talked with Party Gaming as of yet.
