888Holdings Clears Cashcade Rumours

by Penny Walker


The owners of�888Ladies�have become vocal over the rumours of buying the company Cashcade. The Chief Executive of the mega bingo corporation cleared the air about the news that has been creating a buzz on the bingo grapevine. Being one of the biggest online gaming companies in the UK, 888 is constantly under the radar and closely scrutinised. The company thought it fit to make a statement against the rumours.


Recently, the 888Holdings group acquired the Globalcom software company, distributors of gaming software to a majority of online bingo sites, including Cashcade. Now most of you are wondering why the hullabaloo over a company most haven�t heard of? You and most others will be surprised to know that Cashcade is in fact the parent group of major bingo names such as Foxy Bingo, Think Bingo, etc.


Should the two biggies join forces; the entire bingo industry will be eclipsed by this group alone. This will mean, smaller or newer sites may have to shut shop, and that the terms of bingo will be dictated by one single authority. That may be a paranoid perspective to the merger, but in many other ways, it may be most fruitful, and there will definitely be bigger jackpots and prizes for players all over the internet.