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BetFair Completes BookBuilt Offering

Tuesday October 6,2015 : BETFAIR COMPLETES ACCELERATED GBP 260 MILLION BOOKBUILT OFFERING
 
8 million ordinary shares in Betfair Group plc at GBP 32.50 a share involved.
 
Barclays Bank has announced the successful completion of an accelerated GBP 260 million bookbuilt offering to institutional investors of 8 million ordinary shares in Betfair Group plc, on behalf of Le Peigne SA in respect of 5 million placing shares and Rothschild Wealth Management (UK) Limited.
 
The two companies, acting on an agency basis for shareholders of Betfair who are connected parties of founder Edward Wray in respect of 3 million placing shares.
 
Owing to strong investor demand the number of shares offered in the placing was increased from 7.35 to 8 million placing shares at a price of GBP 32.50 per share.
 
Barclays acted as sole bookrunner in the placing. N M Rothschild & Sons Ltd acted as financial adviser to Le Peigne and the Wray shareholders.
 
"Both Le Peigne and the Wray shareholders remain very supportive of Betfair and its proposed merger with Paddy Power and have agreed to lock up those shares not sold in the placing for 90 days from the closing of the placing. Betfair will not receive any proceeds from the placing," the announcement advised.



Gambling News :

14 Left in MPNPT Tallinn Main Event - All 14 players who have made it to the end of Day 2 in the MPN Poker Tour Tallinn Main Event can now consider themselves to have officially run deep.

Day 2 of the MPNPT Tallinn Main Event - Day 1b of the MPN Poker Tour 2017 Tallinn Main Event easily surpassed the tournament’s €150,000 guarantee on its own. Yesterday’s 416 entries brought the total number so far up to 522

Michael Myers is back in Halloween Slot Machine - Get ready for a blood-curdling adventure with Microgaming’s latest offering – Halloween Follow Annie, Lynda, Doctor Loomis, and our heroine Laurie as they try to survive the ultimate horror movie villain, Michael Myers.

Joe Fortune new Rewards Program - Once you sign up, you’re automatically enrolled in the rewards program – and that’s when the epic journey begins. You’ll start earning Adventure Miles immediately, and can embark on the quest of a lifetime: To get paid to play, which stays true to the rewards program’s slogan, ‘Play More Get More’.

Day 1a MPN Poker Tour Tallinn Main Event - Day 1a brought 106 entries into the €550 Main Event, with nearly as many players turning out for the last €35 super satellite into tomorrow’s Day 1b

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

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