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Bwin/party Shareholders approve acquisition
Tuesday December 15,2015 : BWIN.PARTY AND G.V.C. SHAREHOLDERS APPROVE ACQUISITION DEAL
GBP 1.2 billion merge can go ahead, subject to remaining Scheme Document conditions.
Bwin.Party Digital Entertainment and GVC Holdings issued simultaneous statements Tuesday advising the public that their respective shareholders have at separate extraordinary general meetings approved the agreement for the two groups to merge under GVC management.
The statement notes that completion of the acquisition remains subject to satisfaction or waiver of certain other conditions set out in the Scheme Document, including the sanctioning of the Scheme by the Supreme Court of Gibraltar which is scheduled to occur on 29 January 2016.
"Subject to receiving the sanction of the Court on that date, the Scheme is expected to become effective on 1 February 2016, with admission of the GVC Shares to the Standard Segment of the Official List and commencement of dealings in GVC Shares on the Main Market expected to take place on or around 8.00 a.m. on 2 February 2016," the statement advises.
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Ninja Power Slot Launched By Slotland -
I think our players will be inspired by the ninja warrior characters the game designers have created,” said Slotland manager Michael Hilary. “These warriors fought hard, gave it all they had. Quitting wasn’t an option.
WILL JACK LAM RETURN TO THE PHILIPPINES TO TURN HIMSELF IN? -
The Philippines online gambling and bribery scandal keeps throwing up new developments almost daily, with the latest a report that Macau-based online gambling tycoon - the man at the centre of the furore - has put out tentative "surrender" feelers.
Stephen Conroy appointed head of new responsible gambling grou -
Conroy retired from politics in September after a 20 year career, and has now been appointed head of Responsible Wagering Australia, a new responsible gambling industry body backed by online gambling operators CrownBet, Sportsbet, Betfair, Unibet and Bet365.
SquwaKa To Enter sports betting sector -
Football digital content platform SquwaKa will be entering the sports betting sector with the launch of a new FSB Technology built and powered sports betting service to sit alongside its fantasy sports offer.
RaceBets Acquired by Betsson -
Niche operator #RaceBets complements #Betsson offering with a proprietary horse racing product and an experienced horse betting trading team.
Playtech buys back 780,000 shares -
Playtech's advisory earlier this week that it is to embark on a Euro 50 million share re-purchase initiative has been quickly followed by a notification from the company that it has bought an initial tranche of 780,000 shares at prices ranging between 797.75 and 816.63.
Cash In Roulette -
The relatively new online gambling games developer Be The House, has announced that it is to launch its unique Cash In Roulette product with William Hill Online.
EveryMatrix in game deal with Endorphina -
#EveryMatrix Prague-based online slot developer Endorphina has found a new outlet for its games, signing a content supply agreement with white label provider EveryMatrix.
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