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.
Sportech interim management statement
Tuesday May 14, 2013 : SPORTECH POSTS INTERIMS
Management takes an optimistic line
The UK pool betting group Sportech plc released its interim management statement Tuesday, highlighting:
* Trading in the current financial year has started well and is in line with expectations.
* Net debt increased slightly following capital expenditure and marketing investment.
* Tote Services division performing well with successful contract extensions and new business wins exemplified by sales to UK Tote and Denmark's Danske Spil.
* Soft launch of Connecticut's exclusive online betting platform, full launch due shortly.
* Good progress in reshaping Football Pools division.
Roger Withers, non-executive chairman of Sportech, said:
"Trading for the current financial year has started well and we are pleased to report that the Group is performing in line with the Board's expectations with operational progress being made in all areas of our business.
"The Group remains highly cash generative, and following the successful negotiations to improve our banking facilities in 2012, we have been investing in capital expenditure and marketing initiatives. Accordingly, net bank debt as at 30 April 2013 has increased slightly to GBP 59.5 million (31 December 2012 GBP 57.1 million).
"We continue to make good progress with Sportech Racing, our predominantly North American based gaming business.
" Our retail betting venues and telephone betting business in Connecticut is performing well, following an investment programme to reinvigorate the customer offering. The highlight of the racing calendar in North America, the Kentucky Derby, took place on 4 May. The total betting turnover at our venues for that day of $4 million set an all time record for the Connecticut operation, slightly up on the previous all-time high in 2012, and this countered the overall industry's 2 percent decline.
"The exclusive state-wide online betting platform soft launched in April, and we anticipate a full launch to Connecticut's four million residents shortly.
"The integration of eBet, one of the leading providers of internet and mobile betting services for horseracing in the USA, is proceeding in line with expectations, following its acquisition in December 2012. We are pleased that this acquisition has enhanced the quality of our management team and the Group's customer and technology base.
"Following the challenging migration of brands, customers and software onto the Playtech platform in our e-Gaming business during 2012, and the associated trading difficulties encountered, we are pleased to see an increase in recent weeks of first time depositors. We now therefore expect a greater proportion of the annual revenues of this division, to be generated in the second half of the year.
"On 7 March 2013, we announced that the First-tier Tax Tribunal ruled in the Group's favour in respect of overpaid VAT on the Spot the Ball game, dating from 1979-1996. The claim is for in excess of GBP 40 million, which will more than double with simple interest applied. On 1 May we announced that HMRC had sought permission to appeal this decision. We have been advised that we should hear during May whether the First-tier Tribunal will allow an appeal and will update accordingly."
Withers announced the forthcoming appointment of Cliff Baty to the Board as Chief Financial Officer of Sportech.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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.