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.
Gaming Realms to Buy Blueburra Holdings
Tuesday August 19,2014 : ANOTHER ACQUISITION FOR GAMING REALMS PLC
Online gambling group pays GBP 10.5 million for e-gaming marketing firm.
The UK online gambling group Gaming Realms plc revealed Tuesday that it has agreed to buy e-gaming marketing company Blueburra Holdings, the holding company of Digital Blue, for up to GBP10.5 million.
The new acquisition follows the purchase of e-marketing agency QuickThink Media late last year .
Gaming Realms has conditionally raised GBP 6 million to fund the acquisition through a placing of 18.1 million new shares at 33 pence each with new and existing shareholders.
CEO Patrick Southon said the acquisition is in line with Gaming Realms' long-term strategy to increase the combined databases of its subsidiaries.
"Blueburra Holdings will boost our product and marketing initiatives to target the fast growing and overlapping audiences using mobile and tablet platforms which, in turn, will help to accelerate the group's future revenue growth," he commented in a statement, adding that the new buy will boost the reach and capability of QuickThink, adding an enlarged database of customers for cross promotion, along with access to further Dragonfish bingo skins.
Southon said the deal would also allow for a more rapid roll-out of the group's own gambling products, planned to go live by the end of August.
The acquisition should add approximately GBP 1.1 million of annual earnings before interest and tax to the group, Southon said. BlueBurra Holdings had GBP 2.2 million in assets at the end of January, reported GBP 3.8 million in revenue and GBP 1.9 million in pretax profit, including GBP 750,000 of "extraordinary" income on the sale of intellectual property, in the 11 months ended January 31.
The terms of the purchase will see Gaming Realms make an initial payment of GBP 5 million for BlueBurra Holdings, which will be split equally in cash and new shares issued at 33p each. The remaining amount is payable over the next three years, subject to earn-out targets and adjustments, with up to GBP 2.75 million potentially payable in cash and up to GBP 2.75 million potentially payable in new shares.
Some of Blueburra Holdings management team will remain with the company.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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.