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.
Gala Coral Online and land gambling group has GBP 4.4 billion in debt
Industry observers were this week expressing concern over the ability of the giant UK gambling group Gala Coral to service its substantial GBP 4.4 billion debt burden - up from last year's GBP 4.2 billion - but company officials were confident that the company would continue to prosper.
The UK newspaper The Guardian, reported: "Gambling group Gala Coral, one of Britain's largest private equity-owned employers, has seen losses more than treble as trading at its casino and bingo divisions has continued to slow sharply leaving the business straining to service its huge debts.
"Despite an additional GBP 124 million cash injection from private equity backers Permira, Cinven and Candover during the year, the company today published figures showing a pre-tax loss for the 12 months to September 27 of GBP 397 million. Much of the losses were made up of writedowns and redundancy costs as the group closed about 10 percent of its bingo clubs and casinos. More cost cutting and job losses are planned for coming months."
Hey! World's largest poker site giving away $50 free. Visit Pokerstars to claim.
The newspaper went on to claim that debt investors, who dominate Gala's ownership structure, are closely assessing the group's capacity to service its debt.
Full year results for Gala Coral showed the bingo, casino and sports betting operator was still being affected by the smoking ban in the UK, which it said was the main reason behind the year-on-year fall in group earnings before interest tax, debt and amortisation (EBITDA), which fell 10 percent to GBP 362 million in 2008.
Gala Coral chief executive Dominic Harrison told the London Financial Times that he did not expect any further closures of bingo clubs “bar an absolute meltdown in the economy”, following a particularly tough 2008. Harrison emphasised that the well-documented “sharp decline” in bingo activity at the company’s land-based clubs had leveled off and “trading had started to recover from the impact of the smoking ban and the scrapping of big-jackpot gaming machines”.
In the company statement, Harrison said: “Last year was challenging for Gala Coral due to well tracked regulatory and economic impacts. I believe though that the Group responded well to these challenges and I am particularly pleased with the growth delivered by Coral – our main business. We have started the new financial year well and I am confident we will continue to outperform our competitors and meet the targets we have set ourselves in 2009.”
Gala Coral’s turnover dropped 3 percent to GBP 1.2 billion for the year ending 27 September 2008; the firm repaid GBP 97 million of senior debt during the year and its cash balance sheet increased by GBP 49 million to GBP 146 million during the period. It enjoyed net cash inflow from operations of GBP 314 million and successfully renegotiated its banking covenants.
Gambling News :
Alegriabet Finally Launches -
Our online betting site will deliver a full, market-leading suite of services including pre-match and live betting as well as virtual sports
International Table Tennis Federation in deal with Sportradar. -
The International Table Tennis Federation (ITTF) has today announced it has signed a brand-new integrity partnership with Sportradar utilising the organisation’s world-leading monitoring, intelligence and prevention solutions to help safeguard the sport against match fixing.
NBA odds on Thunder vs. Pacers Game? -
This Wednesday night in Indianapolis, Paul George is due to play his first game at the Fieldhouse as a member of the Oklahoma City Thunder (12-13 SU, 8-17 ATS). But George might not face the Indiana Pacers (15-11 SU, 16-10 ATS); he’s listed as day-to-day with a right calf contusion. Tip-off is at 7 PM ET on ESPN.
2 New Christmas Slots For Microgaming -
Microgaming’s jolly game additions this December. Microgaming adds two more games to kick off the festive season, in addition to its action-packed Highlander online slot.
SportsBetting Supreme Court Showdown -
Sports Law, Betting and Integrity leaders convene to preview Supreme Court Showdown. Thought leaders weigh in on Christie vs. NCAA (which in January will shift to Murphy vs. NCAA)
NBA Odds: Heat Can Burn Cavaliers in Cleveland -
The Cleveland Cavaliers (12-7 SU, 6-12-1 ATS) may have turned their season around, but they’ve got a challenging matchup this Tuesday against the Miami Heat (9-9 SU, 7-9-2 ATS), tipping off at 7 PM ET on NBA-TV. Miami is 7-4 SU and 6-5 ATS against the Cavs since LeBron James went back to Cleveland in 2014.
Games Concept Day in Malta -
The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.
AFC’s fight against match-fixing -
The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.
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.