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DJI Holdings To Raise 29 Million

Monday July 4th : 2016 : DJI HOLDINGS TO RAISE GBP 29 MILLION IN NEW CAPITAL
 
Struggling Chinese-facing online lottery provider announces a conditional placement of 30.5 million shares.
 
Following closely on a set of troubling performance results , the UK-based but Chinese-facing online lottery company DJI Holdings has announced a conditional placing of 30.5 million new ordinary shares with the goal of raising GBP 29 million in fresh capital.
 
The company said in an announcement that the funds raised will enable it to “progress a number of major strategic opportunities under discussion, with the potential to develop significant new revenues and create substantial shareholder value.”
 
“In addition to strengthening our balance sheet, as a growing listed company we recognise the importance of high quality institutional investors in our shareholder base. We are therefore pleased to be securing additional funding from a number of such institutions, which we believe will enable the Group to conclude discussions for deals of major significance with some of China’s largest organisations, with the potential to enhance shareholder value substantially,” said Darren Mercer, chief executive officer of DJI Holdings.
 
DJI had previously revealed an annual after-tax loss that widened last year to GBP 11.4 million from a loss of GBP 3.6 million the preceding year, attributing the difficult Chinese operating climate to the governments crackdown on spending and corruption, and the slowing Chinese economy.
 
The company is also considering diversification strategies.



Gambling News :

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.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

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