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 Inc., has announced a planned debt refinancing
Thursday July 30,2015 : AMAYA ANNOUNCES RE-FINANCING ARRANGEMENTS
Follows through on plan to reduce indebtedness; to repay $575 million.
The Montreal-based online gambling group Amaya Inc., has announced a planned debt refinancing initiative designed to reduce its debt burden.
"Amaya intends to refinance certain of its outstanding long-term indebtedness which it incurred to partially finance the August 1, 2014 acquisition of the PokerStars and Full Tilt businesses," a company statement advises.
"The Corporation expects the refinancing to include, among other things, the repayment of approximately US$575 million of its currently outstanding US$800 million second lien term loan."
Amaya will fund the repayment through the combination of an approximately US$400 million incremental first lien term loan and approximately US$195 million in cash, including cash on the balance sheet as well as from the anticipated net proceeds from the previously announced sale of the Chartwell and Cryptologic businesses to NYX Gaming Group Limited
A spokesman said that such a refinancing will reduce debt service costs, including interest costs, and will thereby strengthen Amaya's cash flow generation, liquidity and leverage profile.
Amaya has engaged Deutsche Bank Securities, Inc., Barclays Bank PLC, Goldman Sachs Lending Partners LLC and Macquarie Capital (USA) Inc. to act as the Joint-Lead Arrangers and Joint Bookrunners for the refinancing, which it hopes to complete before the end of the third quarter 2015.
Amaya took the opportunity to additionally release details of its expectations for financial results for the quarter ended June 30, 2015.
The Corporation anticipates revenues in the range of Cdn$314-318 million based on an average US$ to C$ exchange rate of 1.2297 for the second quarter of 2015, or Cdn$323-326 based on a US$ to C$ exchange rate of 1.26, which is the rate used in the Corporation's previously announced full year financial guidance.
Revenues are net of approximately US$6 million in value added taxes introduced in certain European Union jurisdictions in 2015.
The Corporation also anticipates Adjusted EBITDA of Cdn$135-139 million based on the Q2 FX Rate, or Cdn$139-142. Adjusted EBITDA is net of approximately US$10 million in VAT and recently introduced gaming duties, including point of consumption taxes introduced in the United Kingdom in December 2014.
These financial expectations are for Amaya's B2C business, primarily comprising the online gaming brands PokerStars and Full Tilt, and exclude contributions from Amaya's B2B businesses, which were or will be classified as discontinued operations, and their assets and liabilities as held for sale, in 2015.
These include Cadillac Jack, Inc. (now owned by AGS), Diamond Game Enterprises (now a majority owned subsidiary of Innova Gaming Group Inc.), Chartwell and Cryptologic (to be owned by NYX).
"The financial results for the second quarter of 2015 reflect year-over-year revenue growth from Amaya's core poker business on a constant currency basis, as well as growth from Amaya's emerging online casino vertical which represented approximately 12 percent of the anticipated revenues," the company's statement reveals.
"Revenues from online casino almost doubled relative to the first quarter of 2015. Amaya's online sportsbook was in beta form in limited jurisdictions during the second quarter of 2015 and therefore contributed negligible revenues.
"At June 30, 2015, PokerStars and Full Tilt had cumulative play-money and real-money customer registrations of more than 95 million. Total registrations grew by approximately 1.9 million during the quarter."
Gambling News :
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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.