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GVC Ups Bid For Bwin Party
Thursday August 20,2015 : G.V.C. UPS ITS BID FOR BWIN.PARTY...AGAIN.
In partnership with US private equity group Cerberus Capital, GVC says it will go up to 130p a share.
The bidding war between 888 and GVC for Bwin.Party warmed up again this week with the news that the GVC-Cerberus Capital partnership has upped the ante to 130p a share - a shares and cash offer worth around GBP1.1 billion and a significantly marked improvement on its earlier proposals of GBP 1.03 billion and GBP 1 billion - that's right; it's the company's third hike from its original bid, made in association with Amaya Gaming.
UK media reports indicate that Bwin.Party's board will consider the new bid at a meeting scheduled for this (Thursday) morning. However, there could be opposition from Bwin.Party shareholder Jason Ader, who has been doing the media rounds insisting that a fair price would be 140p a share.
888 Holdings is still in the running, although falling behind with its bid of GBP898 million, but it will reportedly be given an opportunity to re-bid, and claims that its plans for Bwin.Party are more attractive than those of GVC.
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’.
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.
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