RecentPoker RecentPoker.com
Home Page RecentPoker.com Online Poker Rooms Casino Bonus Online Casinos Casino News Gaming News gaming News Gambling Articles World Series Of Poker No Deposit Bonus
Online Slots
        Gambling Affiliates     |     Gambling Guide     |    Slot Tournaments Finder     |     Poker Pros    |     Recentpoker Twitter
   
Online Casino
Biggest Casino Bonuses
SlotsLv
$22 No Deposit Bonus
SlotsLV no deposit
Betonline Casino
$900 Signup Bonus
Betonline Bonus Code
Bovada Casino (Bodog USA)
$3000 Signup Bonus
Bovada Bonus Code
SlotsPlus Casino
$7000 SignUp Bonus
SlotsPlus First deposit bonus
ManhattanSlots
$767 x2 Signup Bonus
ManhattanSlots
Biggest Poker Bonuses
Bovada Poker (Bodog USA)
$1000 Sign Up Bonus
bovada poker bonus code
888Poker
$88 No Deposit Bonus
888 Poker no deposit bonus
Party Poker
$500 Sign Up Bonus
PartyPoker no deposit bonus
BetOnline Poker
$900 Sign Up Bonus
Betonline Poker bonus code
USA No Deposit Bonus

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.

 

Bovada Casino Bonus Code

 
High Noon Casino no deposit bonus

COST SAVING AND MANAGEMENT CHANGES IN CRYPTOLOGIC'S Q 3

Restructuring cuts costs at veteran online gambling software provider
 
Restructuring and cost cutting appear to have dominated thinking at veteran internet gambling software provider Cryptologic as it announced its third quarter results this week, including an update on its expanded restructuring programme announced on August 12, 2010 

 
Highlights of the restructuring included:
 
* Following the management changes announced on August 12, further restructuring measures were taken to reduce costs aggressively.
 
* Total expenses declined to $9.9 million (Q2 2010: $20.2 million, including $7.3 million of non- recurring charges)
 
* Operating expenses decreased by 20 percent compared with Q2, reflecting the initial impact of restructuring actions taken during Q3
 
* New operational management team appointed to lead hosted casino business
 
* The firm completed the consolidation of Cyprus operations into Malta, and operations on the former ceased.
 
Management changes at the company included Huw Spiers becoming Group Head of Operations and Chief Financial Officer, and Ian Price becoming Group Head of Business Development.
 
Third quarter numbers are:
 
* Total revenue was down at $6.1 million (Q2 2010: $6.7 million)
 
* Hosted casino revenue also dropped slightly to $5.6 million (Q2 2010: $5.8 million)
 
* Branded games revenue showed the same downward trend at $1.4 million (Q2 2010: $1.5 million)
 
* Net loss of $3.7 million (Q2 2010 Loss: $12.7 million, including $7.3 million of non-recurring charges)
 
* Net cash at September 30, 2010: $12.3 million (June 30, 2010: $17.4 million) partly reflecting the cash impact of one-time restructuring costs amounting to $3.5 million.
 
The new management predicts that the full impact of additional measures taken during Q3 to reduce costs, which included staff cuts, will have taken effect by the end of the fourth quarter, resulting in a further decrease in Cryptologic's total recurring cost base. Efficiency improvements and cost-cutting will continue.
 
Total expenses decreased to $9.9 million (Q2 2010: $20.2 million, including $7.3 million of non-recurring charges), while operating expenses were down by 20 percent sequentially to $7.6 million.
 
During the quarter, CryptoLogic's fully hosted casino was launched by Betsafe.com.
 
Revenues from branded games decreased to $1.4 million in Q3 2010 (Q2 2010: $1.5 million), due to a decline in revenue contribution from a key licensee. 13 new branded games went live in the quarter, taking the total number of games rolled out by licensees and generating revenues to date to 156 from 143 at the end of Q2.
 
Poker and other revenue amounted to $500 000 ($600 000).
 
Net cash as at September 30 amounted to $12.3 million (June 30 2010: $ 17.4 million) which consisted of cash and cash equivalents and security deposits. The decrease in net cash during Q3 2010 of approximately $5.1 million was attributed to the cash impact of operating losses of $2.8 million, a decrease in accounts payable and accrued liabilities of $1.8 million, comprising $3.5 million paid in respect of reorganization costs, partially offset by increased jackpot provision and timing of trade payable payments, a decrease in income taxes payable of $0.1 million, a $0.5 million increase in accounts receivable and purchase of capital assets of $0.2 million.
 
Cryptologic continues to be debt free.

USA Online Gamblers. The Best Online Casino with the fastest payouts and highest bonus. Get your Exclusive Bovada Bonus Code now. Up to $4250 in free sign up bonuses. Dont miss out on this limited time special offer.Online Poker, Online Casino and Online SPorts betting all included in this exclusive Bovada Bonus.



Gambling News :

Is Gibraltar Out of Luck in US Tax Challenge - Gibraltar's challenge to the UK 15 percent point-of-consumption tax on online gambling operator revenues has already failed in the UK High Court, and it looks as if it may be rejected by the European Court of Justice too.

Quickspin are now available in Denmark - #quickspin The roll-out strengthens the long-standing partnership between the supplier and the operator, with Quickspin games already available on Vera&John’s websites around the world.

UCypher Launches - Indian entertainment and media entrepreneur Ronnie Screwvala has announced the formation of UCypher, an eSports tournament in which ten teams will compete.

Extreme Live Gaming In deal With Betsson - Extreme Live Gaming, a subsidiary of the Novomatic Interactive group, has announced a live dealer product deal with the Betsson online gambling group, with an initial launch planned for Betsson.com, followed by other brands in the Swedish group's portfolio.

Expansion Mode For BoyleSports - The Bambury premises are situated in Kildare, Meath and Dublin and will be refurbished and rebranded after acquisition, with the total of 31 staff remaining in employment..

Safecharge Q4-2016 - Online e-cash processing firm Safecharge, where Playtech's Teddy Sagi is a majority shareholder, released a trading update on its Q4-2016 performance Thursday, flagging record transaction processing volumes and revenues.

ASA Most Controversial Ads of 2016 - Paddy Power's penchant for advertisements that cause a stir saw the betting company mentioned twice in the Top Ten most controversial adverts of 2016 released by the Advertising Standards Authority in the UK Thursday.

Yggdrasi To Enter Italian Gambling Market - Yggdrasil’s Italian offering will include the company's collection of in-game promotional tools, BOOST, improving gamification, and the social sharing tool, BRAG. The company’s mobile product will also be available on its HTML5 iSense 2 platform.

888sport is the latest to join sports betting integrity body ESSA - Major operator 888sport is the latest to join sports betting integrity body ESSA with the company adding its customer base and betting market platforms to ESSA’s global anti-fraud alert and reporting system.

First partypoker live event to be held in Russia - Partypoker’s new live tour will kick off in Russia on March 24, 2017 at Sochi Casino and Resort in association with Club Poker Management. Online Day 1’s will start on partypoker on March 12, 2017.

  Top 6 Poker Sites - Editor’s Pick
Poker Room
Info
Code
Bonus
Bovada Poker
1349384
$1000
BetOnLine Poker
None Needed
$900
ACR
None Needed
$1000
Fulltilt Poker Bonus Code Fulltilt Poker
None Needed
$10 ND
888 pacific poker 888Poker
None Needed
$400
PartyPoker PartyPoker
500free
$500
  Top 6 Casino Sites - Editor’s Pick
Casino
Info
Code
Bonus
SlotsPlus Casino
Claim20
$20 ND
Bovada Casino
1349384
$3000
MapleCasino Bonus Code MapleCasino
None Needed
Free Spins
SlotsLV
Slots22
$22 ND
Buzzluck Casino
Buzzluck
$868
SlotLand
FREE33RCNT
$33 Nd

Casino No Deposit Bonus Copyright © 2004-2016 | Recentpoker.com | All Rights Reserved. Copyscape Protected No Deposit Bonus Codes
Recentpoker.com

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.

http://www.recentpoker.com