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MEDIA CORP HIPPODROME JV DELAYED

04/11/2012 : MEDIA CORP HIPPODROME JV DELAYED (Update)
 
Delayed opening of terrestrial casino pushes back online offering
 
A trading update delivered by Media Corporation Plc (Media Corp) for the period ending March 31, 2012 revealed a mixed bundle of feedback that included a delay in its Hippodrome joint venture, two potential acquisitions and the sale of two of its underperforming publishing assets.
 
The company's joint venture with London-based Hippodrome Casino, for the provision of a branded online gambling offering, has been delayed due to the opening date of the casino being pushed back to later in the second quarter of the year.  The initial launch was scheduled for the first week in April 2012.
 
Media Corp has sold off its onthebox.com and forexspace.com along with their associated domains for a cash consideration of GBP250 000.  The move is in keeping with the company's strategy of offloading its underperforming publishing assets according to Sara Vincent, Media Corp’s chief executive officer.
 
The company says it is in the process of looking at "a couple" of potential acquisitions in the gaming sector, without divulging who those companies are.  The successful acquisition of either of these would result in a new senior management which the firm believes would strengthen its board.



Gambling News :

Alegriabet Finally Launches - Our online betting site will deliver a full, market-leading suite of services including pre-match and live betting as well as virtual sports

International Table Tennis Federation in deal with Sportradar. - The International Table Tennis Federation (ITTF) has today announced it has signed a brand-new integrity partnership with Sportradar utilising the organisation’s world-leading monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing.

NBA odds on Thunder vs. Pacers Game? - This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.

2 New Christmas Slots For Microgaming - Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.

SportsBetting Supreme Court Showdown - Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)

Mega Moolah Progressive Slot Pays Again - On 15 November 2017, the Mega Moolah jackpot was won by a Grand Mondial Casino player. They took home €938,306.35.

Microgame S.p.A. in deal with Prima Networks - Prima Networks, powered by Microgaming, has signed a deal with Microgame S.p.A., the leading Italian gaming service provider.

NBA Odds: Heat Can Burn Cavaliers in Cleveland - The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.

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.

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