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.
Betfair Acquisition deal off
Tuesday May 14, 2013 : BETFAIR ACQUISITION DEAL IS OFF
Latest developments in a fast-moving sequence of events sees Betfair walking away from the latest offer.
The acquisition of online gambling group Betfair plc by CWC Capital Partners appeared to be off early Tuesday as The Guardian newspaper reported that the gambling group's directors had spurned the latest offer from the investment company.
Just hours earlier both parties had agreed to a 24-hour extension of time for a renewed CVC offer.
But the new offer - of GBP 985 in cash - was rejected by Betfair, with chairman Gerald Corbett saying Monday night that the new offer was still too low.
In a late night statement, Corbett said: "The board has spent considerable time assessing the various proposals, including detailed discussions with the co-offerors.
"The board concluded that none of the proposals represented adequate value or acceptable execution risk."
The Takeover Panel had set 5 pm Monday as the cut-off point for CVC to either raise its April bid of GBP 912 million (see previous InfoPowa report) or withdraw, after Betfair rejected the first 880p a share approach on grounds it "fundamentally undervalued" the company.
The most recent Betfair statement reviewed events leading up to the present situation, in particular noting that since the original offer CWC had upped its offer on two occasions - on May 10 offering another 5 percent on its original offer of 880p a share, and again on May 12 in a "full and final offer" of 950 pence per share, or 8 percent more than the original offer.
Betfair directors rejected this, but indicated a willingness to remain in negotiations if CWC wished to continue with a better offer. CWC agreed to remain at the table, but further progress was not made and both parties agreed to terminate the negotiations.
Corbett commented in the statement:
"Under the new direction of Breon Corcoran and his management team the Board believes that Betfair is making excellent progress in the implementation of its strategy with momentum building from early success. The Board remains confident in the continued delivery of this strategy and the Company's outlook and growth prospects."
Betfair shares closed down 3p at 895p on Monday evening, after trading as high as 947.5p during the day.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
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.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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.