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.
Gigamedia Generates positive cash flow
11/28/2012 : GIGAMEDIA EXEC SHUFFLE AND THIRD QUARTER RESULTS
Generates positive cash flow for the first time in 10 reporting quarters
GigaMedia Ltd has reported on its turnaround development through its third quarter fiscal results, saying cost savings and increased efficiencies are paying off resulting in its first positive cash flow in 10 quarterly reports.
Third Quarter Highlights include:
- Net income of $5.9 million, including gains from sales of marketable securities and investments (Q2/2012: a loss of $3.5 million and Q3/2011: loss of $7.8 million).
- Cash inflow from operations of approximately $550 thousand.
- Short-term debt decreased approximately $1.7 million sequentially to approximately $7.7 million.
- Consolidated revenues of $7.2 million held steady quarter-over-quarter and decreased from $7.8 million in the third quarter of 2011 reflecting decreased contributions from its disposal of IAHGames.
- Revenues for FunTown increased 20 percent quarter-over- quarter to $6.6 million from $5.5 million.
- Consolidated EBITDA was $6.7 million compared to a loss of $2.1 million in the second quarter of 2012 and a loss of $7.7 million in the third quarter of 2011.
GigaMedia said it is continuing its business model shift to focus on online games along with the implementation of new strategies to build efficiencies, improve productivity and drive improved performance.
Looking ahead, GigaMedia's chief financial officer Dirk Chen said the firm is transitioning its online gaming business to capture rapid market growth in Web games fueled by the popularity of social networks and mobile and portable computer devices in Asia.
The company is anticipating the launch of its GigaCloud, an important new development for the firm that it says will place it as an early mover in addressing affordable, mobile, seamless cloud communication solutions among the millions of SME's in Asia.
In related news, the firm announced the appointment of Collin Hwang as its new chief executive officer succeeding John Stringer who tendered his resignation as an officer and director with immediate effect.
Stringer was the driving force behind GigaMedia's turnaround strategy.
Hwang was recruited to the board earlier this month along with the appointment of Mo-Na Chien in the role of Chairman
Gambling News :
US$30M DUBAI WORLD CUP -
Racecourse Media Group and Meydan to showcase world’s richest raceday to more than 150 territories The Dubai World Cup is the first horse race to be broadcast live on airlines and cruise lines
NHL Odds: Forsberg Faces Elliott in Nashville -
The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.
NBA Odds: Hawks, Wiz in Southeast Showdown -
The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.
NBA Odds: Clippers Try to Slow Down Bucks in LA -
Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.
NHL Odds: Canadiens Welcome Islanders Tonight -
The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.
NHL Odds: Reeling Flyers Seek Relief in Pittsburgh -
#nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.
Dollars to Donuts Slot Launch -
Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.
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.