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GAMING VC TAKEOVER TALKS ABANDONED
The European facing online gambling group Gaming VC Holdings has drawn a line under protracted but unsuccessful takeover talks with a still unidentified suitor after over 4 months of negotiation.
Gaming VC advised the market this week that the party which made a preliminary offer for the company on April 17 has now told Gaming VC that it does not wish to proceed at this time.
The company balanced the bad news with the positive information that it continues to trade in line with market expectations ahead of its September 18 release date for the latest results.
Audley Capital Management Ltd., which currently holds 29.3 percent of Gaming VC has requested board representation, and this is being considered by the board of directors. Audley has emphasised that it has no current plans to dispose of its stake in the company.
The board will also consider a share buy-back programme in due course.
Gaming VC operates the Casino Club, Betaland, Poker Kings, Winzingo and Casino Club Poker online gamblikng websites.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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