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 ShareHolders Turn Down Baazov Offer
AMAYA'S SHAREHOLDERS TURNED DOWN A PERSUASIVE OFFER FROM BAAZOV (Update)
Did the intervention of Jason Adler influence the board's decision to turn down an offer that represented a 30 percent share premium?
In the aftermath of David Baazov's decision to walk away from an acquisition initiative on Amaya Inc this week there has been business media speculation on what motivated the board of directors at the Montreal online gambling group to turn down an offer of Cdn$24 a share, which represented a 30 percent premium to the stock as at November 11.
In explaining his decision to halt negotiations, Baazov said that the premium demanded by shareholders at Amaya was too high for him and his financial backers to countenance.
Currently the shares are trading at Cdn$19 each - 21 percent lower than Baazov's offer.
Beyond the assumption that Baazov's run-in with the Quebec Securities regulator AMF on insider trading accusations could have generated a negative attitude among shareholders is speculation that activist investor Jason Ader's opposition to the deal could have influenced events.
Our readers will recall that the notoriously aggressive Ader's SpringOwl Asset Management company, which holds a minority share in Amaya, opposed the deal earlier this month, saying that Baazov's offer undervalued Amaya and that it was opposed to dealing with Baazov anyway due to his troubles with the regulator.
The correspondence from SpringOwl additionally criticized the position the company found itself in in Kentucky whilst Baazov was CEO, where a $870 million fine hangs over its head.
SpringOwl was also concerned about Baazov's influence on the board through his 17 percent holding in the company, and proposed that his shares should be placed in a trust to reduce this risk.
Observers have noted that having turned down what appears to have been a solid offer from Baazov and his partners, the board will now have to show through Amaya's performance that the decision to eschew a 30 percent premium was sound.
William Hill's acquisition approach recently was short-lived and unsuccessful, but shone the market's spotlight on the hurdles that Amaya faces, leaving the industry to speculate on what lies ahead for a company that has undoubted potential.
Ader appears to feel that the group's performance can be improved.
In related news, Amaya has reported the appointment of its Rational Group chief strategy officer, Guy Templer, as chief operating officer of the Isle of Man-based subsidiary, which is the parent group for Pokerstars and Full Tilt.
Templer will report to Amaya CEO Rafi Ashkenazi and will be responsible for the day-to-day management of significant parts of the organization, including Customer Support, Security and Integrity, Information Security and Payments, and will continue to be responsible for the teams launching core products into new markets and adding new verticals within existing markets.
Templer joined PokerStars in 2011 as director of business development and has directed key initiatives including PokerStars' re-entry into the U.S. market; the launches of Casino, Sportsbook and Social Gaming; and the local licensing of the company’s brands across Europe.
"Guy has been a key architect of our strategy and our Operational Excellence efforts that are driving our business toward sustainable, diversified growth," said Ashkenazi in a company statement Thursday.
"His deep knowledge of the company, our customers and our products combined with his industry expertise makes him a vital member of our executive management team."
"Rafi and I have a great established working relationship," said Templer. "My renewed focus on the operations side of the business, both core products and new markets, will free Rafi to continue to deliver the strategic gains that we've planned for our growing portfolio of brands for 2017 and beyond."
Prior to joining Rational Group, Templer held positions at NetPlay TV plc as COO; Two Way TV and Two Way Gaming as commercial director and managing director, and the U.K. Government's overseas aid wing, the Department for International Development.
Gambling News :
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
Aussie Millions won by Norwegian Jon Kyte and New Zealandís Daniel Smith -
In this event, poker players teamed up in pairs to form 79 teams. The teams had to climb their way up to the throne by beating the other teams. A total prize pool of A$80,975 was shared amongst the teams. The Shot Clock Team became particularly popular because the players had to devise their own ingenious strategies so as to reach the top.
ACR $15 Million OSS Cub3d -
Americas CardRoom immensely popular OSS Cub3d returns February 25th and it's bigger than ever. U.S. Online Poker players will have a chance to compete for $15 Million in guaranteed prize pools.
AIGF and Betradar formalised their relationship -
At this yearís ICE Total Gaming, the All India Gaming Federation (AIGF) and Betradar formalised their relationship, committing to understand, explore opportunities and network across India around sports betting and gaming.
EHF and Sportradar Extend Partnership -
The EHF is responsible for a wide range of activities including the promotion and development of the sport, education programmes, player transfers and the organisation of high-profile sports competitions and events including the EHF EURO and the EHF Champions League.
Swisslos and Betradar in Deal -
Swisslos offers lotteries, sport bets and instant tickets in the entire territory of German-speaking Switzerland, in Ticino and in the Principality of Liechtenstein. It structures its range of games in an attractive and responsible manner. Swisslos transfers it entire net profit to the mandating cantons and the Principality of Liechtenstein to support public causes.
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.