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William Hillís acquisition talks with 888 Holdings Ends
Monday February 16,2015 : 888 TALKS WITH WILLIAM HILL TERMINATED (Update)
Difference in opinion on value of the company
William Hill’s acquisition talks with 888 Holdings have fallen flat due to a difference in opinion on the value of the company with one of its key stakeholders.
The acquisition talks revolved around a possible 200 pence per share plus a 3 pence dividend per share, however, as The Times reported one of 888’s Israeli co-founders, thought to be a member of the Shaked family, was negotiating 300p per share
"The Company is in good health and continues to trade comfortably in line with expectations,” Brian Mattingley, chief executive officer of 888 Holdings, said in a press statement.
“The Company will announce its full year results on 24 March 2015 and the Board of the Company looks forward to the future with confidence."
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Gambling News :
Amaya FY2016 Trading Update -
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LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authorityís data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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