Empire Online is to launch a legal claim against PartyGaming potentially running to tens of millions of dollars after breaking off takeover talks with the internet poker giant….

By Mark Tran - Empire Online, a promoter of internet poker and casino sites, today pulled out of takeover talks with PartyGaming, the owner of the world’s biggest online poker site. Empire said PartyGaming, the UK’s biggest online casino, had revised a takeover approach made earlier this month. PartyGaming initially tabled an all-share offer valuing Empire at 10% of an enlarged group - approximately £400m. Since then, with investors taking the view that online gambling has gone off the boil, Empire’s shar…