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Intertain Group To Be Listed in London
CANADAS INTERTAIN GROUP TO LIST IN LONDON
Online gambling group plans to list as Jackpotjoy plc this October.
The Toronto-listed online gambling group Intertain is reportedly gearing up for a London listing under the Jackpotjoy plc brand and is to hold a special shareholders meeting later this month to brief stakeholders and secure their approval.
The plan includes moving Intertains head office infrastructure to the British capital, with the Jackpotjoy plc brand becoming the main corporate identity.
Our readers will recall that in June this year former Gala Coral chief executive Neil Goulden joined the group as chairman, together with former Sportingbet CEO Andy McIver, who is now the chief executive of Intertain and will head the new London-listed group.
Goulden said in a statement this week:
“We are excited to have reached these important milestones in implementing the UK Strategic Initiatives. We continue to believe that these initiatives will result in a fuller and more appropriate valuation of our business and that they position Intertain for long-term growth and success."
Four new non-executive directors have been appointed to the Intertain board as part of the UK strategic planning: Nigel Brewster, CFO Keith Laslop, Jörgen Nordlund and Colin Sturgeon.
Jackpot Joy founder Noel Hayden is standing down from the board but will be available as a special adviser.
Goulden explained that Haydens decision removed "the procedural impediments that result from our close collaboration with Gamesys, which have restricted his involvement in certain aspects of the Board’s deliberations over recent months."
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Gambling News :
Update on Anti Online Gambling bill S.3376 -
More detail is emerging on Senate bill S.3376 and its author, Senator Tom Cotton, indicating that Cotton has in the past (2015) signed as a sponsor for Sheldon Adelsons Restoration of Americas Wire Act and opposes the legalisation of online gambling in the United States.
Anti Gambling bill S. 3376 -
#s3376 Industry observers were taken by surprise late Friday when a little-known Republican Senator from Arkansas, Tom Cotton, filed the beginnings of a new bill in the US Senate Committee on the Judiciary in what appears to be a move to toughen the US legal stance on the Unlawful Internet Gaming Enforcement Act of 2006 and possibly the 1961 Wire Act.
2016 WPT Borgata Main Event Results -
@MrJesseJames888 Four years ago the poker world watched as Jesse Sylvia and Greg Merson fought it out in the heads up of the World Series of Poker main event, with Sylvia narrowly defeated but taking home a second placing pay check for $5,292,889.
G-Sports debuts with the game Road Redemption -
#esports Land, online and mobile gambling publisher Gamblit Gaming has debuted in the burgeoning eSports sector, unveiling its new eSports platform branded G-Sports with the hit PC and console game Road Redemption.
French licensed gambling operators lost $5M in 2015 -
#france Numbers released by the French online gambling regulator ARJEL have illustrated the continued folly of a ring-fenced and restricted online gambling market saddled with a harsh and operator-unfriendly tax regime.
NO PRIVATISATION FOR ONTARIO LOTTERY -
The privatisation of the Ontario provincial lottery will not go ahead despite proposals by major companies like IGT-GTech, Scientific Games and Rogers Communications submitted in response to the provincial government’s 2014 Request for Proposals.
Space Invaders wins Best Slot Product Award -
The growing emphasis on skill-based slot machines that are more appealing to the millennial demographic has seen Scientific Games awarded a Best Slot accolade for its Space Invaders game at the 2016 Gaming and Technology Awards.
NEW MARKETING CAMPAIGN FROM LADBROKES -
The Ladbrokes land and online gambling group has launched its latest marketing campaign, with the first television advertisements ready to screen this Saturday.
Gamesys acquires Snowcat Games -
London online gambling provider Gamesys has announced the acquisition of Estonian online gambling games developer Snowcat Games for an undisclosed consideration, noting that the deal will strengthen its development capabilities.
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