No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
888 Ups Offer For William Hill
Monday, August 15, 2016 : 888-RANK CONSORTIUM UPS OFFER FOR WILLIAM HILL (Update)
But William Hill again rejects bid.
In a statement Monday the UK online and land gambling group William Hill plc advised that it had received a revised acquisition bid from the 888 Holdings-Rank plc alliance on Sunday 14 August, but that the board of directors had again rejected the proposal.
The company revealed that the non-binding bid comprises 199 pence in cash and 0.860 BidCo shares per William Hill share, and would result in William Hill shareholders owning 48.8 percent of the combined group.
"With the exception of William Hill shareholders proposed ownership of the combined group, none of the other key terms of the Revised Proposal have changed from the original proposal of 8 August 2016," the statement reveals. "Based on the 22 July 2016 unaffected combined market capitalisation of the three companies adjusted for the cash component of the Revised Proposal, this equates to an estimated value (before any synergy benefits) of 352 pence per share.
"The Consortiums previous proposal has an estimated value of 339 pence per share on the same basis. The Revised Proposal represents a premium of only 12 percent to the William Hill share price of 314 pence on 22 July 2016."
The statement goes on to advise that the William Hill directors had unanimously decided to reject the offer "...as it continues to substantially undervalue William Hill and as such the Board continues to see no merit in engaging with the Consortium."
The advisory notes that the directors continue to believe that the latest offer by 888-Rank is highly opportunistic and does not reflect the inherent value of the Group.
"Under the Revised Proposal, William Hill shareholders continue to be offered a substantial proportion of their consideration in highly leveraged BidCo shares and so it is directly relevant that the Board of William Hill continues to believe that a combination of William Hill with 888 and Rank will not enhance William Hills strategic positioning or deliver superior value for shareholders compared against William Hills strategy, which is focused on increasing the Groups diversification by growing its digital and international businesses." the statement points out.
It concludes by flagging other considerations:
* The Revised Proposal continues to present significant risk for William Hill shareholders as it involves a highly complicated three-way combination at a very low premium;
* There is still substantial risk for William Hill shareholders in the achievement of the estimated future cost synergies, which are only expected to be achieved in full by the end of 2020; and
* The Revised Proposal continues to result in the combined group operating with substantially increased leverage of approximately GBP 2.2 billion, carrying a much higher interest charge.
Gareth Davis, chairman of William Hill, observed:
"This revised proposal continues to substantially undervalue the company and the cash element of the proposal has not changed. Therefore, the Board sees no merit in engaging. As we have said before, this is highly opportunistic and complex and does not enhance the strategic positioning of William Hill. The Board continues to believe we have a strong team to deliver superior value to our shareholders and trading at the start of the second half gives us renewed confidence in our stand-alone strategy."
Gambling News :
Games Concept Day in Malta -
The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.
AFC’s fight against match-fixing -
The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.
$75K Win on Mobile Slot @ CafeCasino -
Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.
2017 Punta Cana Poker Classic Results -
The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.
NHL Odds: Winnipeg Jets vs. Minnesota Wild -
Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.