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.
The Weather Lottery acquires Poseve Ltd
Friday May 24,2013 : THE WEATHER LOTTERY ACQUIRES LOTTERY MANAGEMENT FIRM
And Media Corp plc chairman Phil Jackson is named as CEO
Online gambling group The Weather Lottery surfaced in a business press statement Thursday, announcing the acquisition of Poseve Ltd for GBP 350,000 in an all-shares deal, and naming Phil Jackson - chairman of the controversial Media Corp plc internet gambling group, as its CEO.
The price tag for Poseve will be satisfied by the issue of 236.6 million new shares at 0.15p each in TWL to Poseve owner James Rose, representing a 29.75 percent share in TWL.
The company was incorporated on 26 April 2012, and has yet to produce any audited accounts. However, Poseve has had sales from the date of incorporation of over GBP 700,000 and has achieved monthly profitability at the operating level.
During April 2013 an operating profit of GBP 25,000 was achieved on sales of GBP 92,000. Poseve has long term debt of approximately GBP 350,000, and cash of a materially similar amount.
Poseve brings with it a set of unique software products, focused on lottery games and payment processing technologies, the TWL announcement claimed.
"Poseve have a range of lottery, skills and hybrid games that will provide TWL a significant opportunity to better serve its existing customers and introduce new games for existing societies as well as opening new revenue streams appealing to new customers," the company statement explained.
Poseve is 100 percent owned by James Rose, who joins the management team of Prize Provision Services Limited, the company's wholly owned lottery management subsidiary.
The statement reveals that it is intended that Q3 2013 will see the rebranding of the company, additional strengthening of the board to support the launch of an updated online lottery platform as well as the strategic roll out of new gaming, technology and payment products for customers.
Jackson, who took over the leadership of Media Corp plc at the height of the controversial Purple Lounge Poker liquidation scandal (see previous InfoPowa reports) has been punting the new Intabet online gambling product and now widens his involvement in the online gambling industry in assuming the responsibilities of CEO at The Weather Lottery.
His biography boasts over twenty years of experience in general management, sales and marketing, during which he has held senior international marketing positions for UnitedHealth Group, driving their clinical research and data management group revenues from $50 million to $1 billion in the period 2004-2010.
For the last three years, Jackson has been advising on the corporate development of betting software group, Intabet, as well as advising specialist health analytics group, LA-SER, through international expansion. He is a founder of Docobo, a leading eHealthcare company, and was a founder and former CEO of Jackson Beazeley Limited, a specialist manufacturer and international distributor of nursery products.
James Rose will replace Jeff Williams as managing director of PPS. Williams, whose financial assistance has done a great deal to enable the company to survive will continue as a consultant to oversee the changeover. Rose will assume the regulatory responsibilities to the Gambling Commission presently held by Williams. In this he will be assisted by lottery industry expert Garth Caswell who has also agreed to become a consultant to the company.
The UK Gambling Commission has confirmed that PPS is in full compliance with its licence and that they are happy with the changes in management.
Lord Tim Razzall and Andrew Flitcroft remain in their roles as Non-Executive Chairman and Finance Director respectively.
Gambling News :
NBA Odds: Warriors Big Favorites to Beat Cleveland -
The Warriors didn’t take last year’s NBA Finals collapse lying down. They added Kevin Durant to the starting rotation; Durant is +220 to win this year’s Finals MVP award, while Cleveland superstar LeBron James is all by himself – also at +220. Kyrie Irving is the next closest Cavalier at +1000.
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
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.