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NEW YORK, Jan. 8, 2013 (GLOBE NEWSWIRE) -- UK based 2UP Gaming PLC (GXG:2GM), operators of a leading online gaming website www.2UP.com, has announced that they have executed an agreement to acquire the DBG Poker Group--a European provider of online gaming software and hardware technology and services--for €25 million in cash and stock.
The acquisition brings 2UP proprietary, advanced, "live dealer" technology, offering online players a never before seen high-quality live gaming component. Casino games such as Poker, Blackjack, Baccarat, and Roulette will be streamed directly from a real world casino to internet players, thus ensuring a fair, honest and transparent online gaming experience.
"DBG has developed an impressive suite of online games, and maintains a loyal database of regular playing customers, said 2UP's CEO Marino Sussich. "DBG is a profitable, established company that brings significant technical and engineering capability thereby making 2UP a full-service advanced gaming technology and service provider."
Ricardo Baldassari, founder of DBG Poker who will continue to lead the newly acquired DBG Group's European operation, commented, "We are very excited about being a part of 2UP Gaming. We see great synergy between the companies and know that together we can expand our market presence and provide a full range of products and services to our customers."