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 LADBROKES MERGER FAILS
ATTEMPT TO DERAIL GALA CORAL LADBROKES MERGER FAILS (Update)
Major Ladbrokes shareholder loses Takeover Panel appeal.
Irish billionaire and 2.8 percent shareholder in Ladbrokes, Dermot Desmond has lost the latest round in his struggle to derail the proposed Ladbrokes - Gala Coral merger.
The appeal board of the UK Takeover Panel has ruled against Desmonds latest protest against the merger, which hinged on the influence of software provider Playtech plc, which has a 9.7 percent share in Ladbrokes.
Desmond took exception to a deal entitling Playtech to GBP 40 million on completion of the merger in the form of Ladbrokes’ shares, and a further guaranteed GBP 35 million in cash payable on the attainment of specific milestones, but at the very least within 42 months of the merger.
That deal was announced on the last day prior to the merger being approved in the UK, according to UK business news reports.
“It is clear that Ladbrokes has failed to adequately disclose the basis for the extraordinary payment to Playtech," Desmond claimed at a general meeting called to vote on the major last year. "It was only in response to our requests that the Playtech amendment agreements were belatedly published on the company website."
In the event, Desmond failed to muster sufficient support for his opposition to the merger, and he resorted to an appeal to the Takeover Panel, requesting a review on Playtech’s merger position and whether those involved in the merger deal had provided full information regarding the new contract.
Following its review, the Takeover Panel concluded that regardless of information disclosed Playtech’s GBP 75 million contract would have had little influence on Ladbrokes shareholders decision to approve the merger.
‘The Panel concluded that the agreement was through the regular course of business, and that the necessary disclosures were made at the time.
“The circular could have given more contextual information about the justification for the GBP 75 million payment, but… if there had been fuller disclosure, there is no rational basis for concluding that the outcome of the shareholders meeting could have been different,” the Panel found.
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
Pokerstars Now Lead Sponsor of Global Poker League -
Alex Dreyfuss Global Poker League has received a significant boost from the announcement by Dreyfuss Mediarex Sports and Entertainment company Friday that online pokers biggest operator, Pokerstars, has signed on as lead and exclusive GPL sponsor.
Betconstruch invests in Ucrafts -
BetConstruct may have also been attracted by the obvious interest in Ucrafts business - the start-up has already gained 5,000 subscribers in just a few months of commercial activity.
Plus500 Founders Selling Off Shares -
Alon Gonen and Gal Haber respectively sold 7.2 million shares, retaining a 10.4 percent interest in the company; and 2.6 million shares, retaining a smaller stake of just 3.6 percent.
Rush Golf Live Launches -
Virtual sports provider Inspired Gaming has announced the launch of its latest product - Rush Golf Live - with Betfred the first operator to carry the game.
GreenTube and Chopsticks In Partnership -
Novomatic Interactive subsidiary Greentube has announced that it has signed a partnership deal with the Gibraltar-based mobile app developer Chopsticks In The Apps Ltd through which it will organize distribution of Chopsticks games through its online, mobile, social and land-based channels.
Singapore Gambling Exemptions Granted -
The issue of certain state-linked commercial organisations being granted exemptions from Singapores tough anti-online gambling laws has been on the table for the past few months and has been the subject of opposition complaints; protest petitions and general argument.
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.