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.
Amaya Gaming Group and Chartwell combine
Written On 5/13/11 By Recentpoker.com staff writer Lenny Wasman :
Chartwell to be bought out in cash and stock for $23.7 million
In a surprise development this week, Chartwell Technology Inc., who have experienced tough times recently, has agreed to an acquisition offer by the Amaya Gaming Group.
A statement released by the companies announced that they have entered into an “Arrangement Agreement” to combine the business of both companies.
The agreement states that a wholly owned subsidiary of Amaya will acquire all of the issued and outstanding common shares of Chartwell by way of a “plan of arrangements” valued at CDN$22.77 million ($23.7 million) and is subject to additional terms.
The Chartwell Board, who collectively own in the region of 5 percent of Chartwell shares, have unanimously voted in favour of the arrangement but the transaction is conditional on holders of at least another 20 percent favouring the agreement on or before May 27, 2011.
Chartwell has agreed that it will not pursue any other acquisition proposals and both companies have agreed to pay a termination fee of $1.0 million to the other in certain other circumstances.
Amaya retains the right to match any competing superior proposal for Chartwell in the event such a proposal is made.
Darold H. Parken, President and CEO of Chartwell Technology Inc. said, "The combination of Chartwell and Amaya presents a tremendous range of synergies which will benefit both companies and their customers. The resulting company will have a significantly expanded product range, delivery channel capability and market reach.”
David Baazov, President and CEO of Amaya Gaming Group Inc. commented that: "The proposed transaction represents a significant step for Amaya in our strategy to accelerate growth in the regulated interactive gaming industry. We are delighted that both companies have recognized the strategic, operational and financial benefits of the synergies between the two companies.”
Amaya Gaming have been busy this year with the award of a Kenyan mobile SMS lottery licence, the award of a Dominican online gaming licence, a Kenyan online gambling trial, the appointment as software provider to Société des Casinos du Québec and buying almost 7 percent of Cryptologic shares.
The transaction is expected to be finalised in July 2011 if all conditions are met.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
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.