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.
Playtika To Acquire Caesars Interactive for $4.4 Billion
Consortium led by Shanghai Giant Network Technology Co. to pay $4.4 billion for Caesars Interactive subsidiary.
It appears from weekend reports by Bloomberg and Reuters that agreement has been reached on the acquisition of Caesars Interactive Entertainment social game development subsidiary Playtika by a consortium led by Shanghai Giant Network Technology Co.
The news agencies report that a consideration of $4.4 billion in cash has been agreed by the consortium, which includes Yunfeng Capital, the private equity company founded by Alibaba Group Holding Ltd. Chairman Jack Ma; China Oceanwide Holdings Group Co; China Minsheng Trust Co. and Hony Capital Fund.
The consortium revealed Sunday that agreement has been reached, and that Playtika will remain independently run from its headquarters in Herliya, Israel.
"The deal gives the Chinese buyers a foothold in a fast-growing segment of the gaming industry, as users turn to mobile applications over the PC- and console-based systems," Bloombergs noted.
The reports also quote analysts who point to the online gambling bans in China, but comment:
“Despite the legal issues in China, these Chinese investors are more comfortable playing the long game. Online gaming, eventually, should be massive after the various regulatory hurdles are worked out even if it takes a significant number of years.”
Caesars bought Playtika in 2011 and the virtual currency used on the Playtika social casino games will continue not to be exchangeable for real money, according to Sunday’s statement.
Initial reaction from Playtika was positive, with chief executive officer and founder Robert Antokol opining that the deal will give the company significant commercial opportunities, especially regarding access to large and rapidly growing emerging markets.
Negotiations on the auction sale of Playtika have been ongoing for some time, with Giant emerging as the preferred partner
Mitch Garber, CEO of Caesars Interactive, claimed that Playtika is both profitable and growing, with a staff of 1,300, a raft of successful game titles and millions of daily users.
CIE acquired Playtika in 2011 for $90 million, when it had a staff of just 15 people. CIE has since invested substantially in expanding the company.
Conditional on regulatory approval, it is expected that the agreement will complete in the third or fourth quarter of this year.
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 :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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.