UK Online Casinos > News & Articles > News 13 May 2008 NanoSensors Signs Letter Of Intent To Acquire The Gaming Network NanoSensors have announced that it has signed a letter of intent to acquire all of the issued and outstanding shares of The Gaming Network. Through its subsidiaries and from closing, TGNAG will conduct and offer a European licensed (Malta) software licensing, operation and ancillary services business for Online Bingo and Online Casino Sites operating outside the United States. In a move to place NanoSensors in a better position to introduce its online-based video console game wagering service, NanoSensors sought to identify an acquisition target that met four key criteria: Ownership of a portfolio of revenue producing online and bingo sites. An international user-base. The ability to provide financing for NanoSensors' operating costs as it develops its console service Sstrengthening its management and personnel structure. "After meeting with TGNAG and understanding its business, it became evident that the acquisition of TGNAG was desirable," said Mr. Robert Baron, NanoSensors' Chairman and CEO. "This acquisition, which fits well with the video console game wagering service that NanoSensors is developing, will add a portfolio of online bingo and casino sites, revenue producing assets, international user-base, infrastructure, and strategic relationships that will enhance NanoSensors' ability to attain its existing business objectives." Which online casinos are currently offering the best free-money welcome bonus for new players? Check out our Online Casinos Reviews section. Bookmark CasinoBeacon.co.uk - News Index - News & Articles

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