Hotspur’s Failure Announced by Online Casino is a current news story on River Belle Online Casino

Hotspur’s Failure Announced by Online Casino

25 Jan 2007

In the past, it has been common for online casino groups and companies to make business deals and form partnerships with sports teams, especially with soccer teams in Europe. Many times these partnerships are a success, but sometimes they fail, as in the case of a recent story between a leading online casino group and the Tottenham Hotspur team. The online casinos firm has announced officially that its four-year GBP 34 million sponsorship deal with the club has failed.

In reaction to this, the online casino, has since initiated aggressive promotions for the company, reportedly to counteract the financial burden. The online casino firm has been offering US 100,000 dollars a day in its online poker tournaments in an attempt to revive interest in the firm. Rumors have since been heard that the company will be shutting down its Gibraltar-based online service. These have been rejected by the firm as ‘unsubstantiated’ claims, although the company is directing a shift of strategy.

The online casino and poker room is also believed to be concentrating on joining forces with Les Ambassadeurs, a UK land-based casino. Downsizing personnel towards the end of the last year gives further reason to believe the online casino is constantly is struggling to portray a strong presence in the market. However, while the online casino company appears to admit its attempt to enter the English Premier League sponsorship world was a mistake, which failed to bring in sufficient new customers – it ardently denies any rumors suggesting the online casinos site may significantly down-grade or completely close.

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