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But a third of shareholders are less than happy with share awards.
Bwin.Party Digital Entertainment's controversial new share awards to top management are now in effect, despite a third of shareholders opposing the plan, which was justified on grounds that the company's share price had fallen so far that the previous incentive and bonus packages became untenable.
With the company's market capitalisation shrunk by almost 40 percent, the generous new scheme appears to reward a continuing dismal performance, but it was voted in anyway in February this year.
Chief executive officer Norbert Teufelberger benefits most from the changes, picking up a total of 1,366,659 bonus and incentive plan shares pegged at GBP 1.27 a share for a total value of GBP 1.73 million and change.
Further down the pecking order, chief financial officer Martin Weigold gets a total of 945,313 shares, and non-executive director Manfred Bodner can claim a total of 441,543 shares.
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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