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Betsson AB To Acquire NetPlay TV

BETSSON MAKES PLAY FOR NETPLAY TV

In GBP 26.4 million acquisition agreement.

Betsson AB has reached agreement with NetPlay TV for the acquisition of all AIM-listed NetPlay shares at a total consideration of GBP 26.4 million.

The acquisition of NetPlay’s three operations Jackpot247, Supercasino and Vernon’s will strengthen Betsson’s position in the UK market, a press statement outlines.

"NetPlay operates three brands, each with strong offerings, and we believe that applying Betsson's experience of operating successful casino brands will add to NetPlay's earnings and growth. We have a long-term view on NetPlay and will achieve significant cost synergies and operational improvements over time. Betsson's acquisition strategy includes adding volume to its scalable Techsson platform and increasing the share of locally regulated revenue," Ulrik Bengtsson, chief executive officer and president of Betsson AB, said.

The cash offer of GBP 0.09 per share will be implemented through a court approved scheme of arrangement, regulated by the UK Companies Act and the UK Takeover Code.

The offer, subject to the approval of NetPlay shareholders and the High Court of Justice in the UK, is expected to close in April 2017.



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MPN Poker Tour Bratislava Results - Alex Hendriks Wins Inaugural MPN Poker Tour Bratislava Main Event and €27,000

MPN Poker Tour Bratislava | Day 2 - It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.

MPN Poker Tour Bratislava Day 1B - Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today

MPN Poker Tour Bratislava Day 1A - The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.

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