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.
Betsson to Acquire Losimu strategine grupe
BETSSON TO ACQUIRE TONYBET HOLDING COMPANY
Initial consideration of Euro 4 million agreed.
Betsson AB, an online gambling firm listed on Swedens Stockholm exchange, announced Thursday that it has agreed to acquire the privately owned gaming operator Losimu strategine grupe, UAB, trading as TonyBet in Lithuania.
TonyBet is the second largest licensed online operator in Lithuania, and through the acquisition the Betsson Group will strengthen its foothold in the Baltic region with licenses in Estonia, Latvia and Lithuania, the company said in a press statement.
TonyBet currently offers its customers primarily online sportsbook services and a network of more than 20 betting shops in Lithuania.
"We see strong synergies in this acquisition, through migration of the operator to Betssons technical platform, and development of the casino offering." said Ulrik Bengtsson, CEO and president of Betsson AB.
The acquisition of Lošimų strateginė grupė, UAB, is being executed through wholly owned subsidiaries and it is expected that the deal will close within the next month.
The initial acquisition consideration is Euro 4 million, payable in cash on completion.
In the six month period to 30 June 2016, the revenue of Lošimų strateginė grupė, UAB was Euro 3 million and the adjusted EBIT was Euro 0.55 million. On an annualised basis, the transaction multiple is around 3.6x 2016 EBIT.
The sellers are eligible to receive a further Euro 2 million performance bonus in 2017 subject to achieving certain milestones, bringing the total consideration to a maximum 7.25x adjusted annualised EBIT for 2016.
"This acquisition is a good strategic fit for Betsson Group as Betssons ambition is to increase revenue from locally regulated markets. We have now consolidated our presence in the Baltic region by ensuring local licenses in all three markets, and continue to pursue growth across Europe, organically and through acquisition", Bengtsson concluded.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Ninja Power Slot Launched By Slotland -
I think our players will be inspired by the ninja warrior characters the game designers have created,” said Slotland manager Michael Hilary. “These warriors fought hard, gave it all they had. Quitting wasn’t an option.
WILL JACK LAM RETURN TO THE PHILIPPINES TO TURN HIMSELF IN? -
The Philippines online gambling and bribery scandal keeps throwing up new developments almost daily, with the latest a report that Macau-based online gambling tycoon - the man at the centre of the furore - has put out tentative "surrender" feelers.
Stephen Conroy appointed head of new responsible gambling grou -
Conroy retired from politics in September after a 20 year career, and has now been appointed head of Responsible Wagering Australia, a new responsible gambling industry body backed by online gambling operators CrownBet, Sportsbet, Betfair, Unibet and Bet365.
SquwaKa To Enter sports betting sector -
Football digital content platform SquwaKa will be entering the sports betting sector with the launch of a new FSB Technology built and powered sports betting service to sit alongside its fantasy sports offer.
RaceBets Acquired by Betsson -
Niche operator #RaceBets complements #Betsson offering with a proprietary horse racing product and an experienced horse betting trading team.
Playtech buys back 780,000 shares -
Playtech's advisory earlier this week that it is to embark on a Euro 50 million share re-purchase initiative has been quickly followed by a notification from the company that it has bought an initial tranche of 780,000 shares at prices ranging between 797.75 and 816.63.
Cash In Roulette -
The relatively new online gambling games developer Be The House, has announced that it is to launch its unique Cash In Roulette product with William Hill Online.
EveryMatrix in game deal with Endorphina -
#EveryMatrix Prague-based online slot developer Endorphina has found a new outlet for its games, signing a content supply agreement with white label provider EveryMatrix.
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.