The proposed deal - thought to be worth $40m (£20.4m) - will see PartyGaming take control of Empire's gambling websites including Noble Poker and Club Dice Casino.
It follows the passing of anti-gaming legislation in the United States in September which effectively outlawed internet gambling and sent shares in the sector tumbling.
The online gaming industry is now braced for a wave of consolidation as operators battle to overcome the loss of income from the key US market. 888 Holdings has already said that it is in talks with other firms over a possible deal.
Shares in PartyGaming were up around 3% to value the company at £1.2bn - well below the £7bn it was worth in July but more than the £1bn of earlier this month. Empire shares lifted nearly 2%. |
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