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GVC Shareholders will vote for or against the Bwin.Party acquisition
Saturday, December 5, 2015 : DECEMBER DECISIONS IMPORTANT FOR G.V.C. HOLDINGS
Shareholders will vote for or against the Bwin.Party acquisition mid-month.
This (December) month is a critical time for online gambling group GVC Holdings plc in its bid to acquire rival Bwin.Party Digital Entertainment plc...on December 15 shareholders will gather at an extraordinary general meeting to vote on whether the board should progress the agreements reached by directors of the two companies.
GVC chief executive Kenneth Alexander said this week that he is confident that shareholders will see the value and potential of the acquisition, given GVC's history of turning around underperforming acquisitions.
In related news, over at Bwin.Party the online gambling group's director of games, Golan Shaked, has indicated that he will soon leave the company in order to take up a senior executive appointment with an unidentified entertainment streaming group, but that he will be available in a consulting capacity to Bwin until the GVC takeover has been accomplished.
Shaked's responsibilities will be assumed by long-serving Bwin.Party executive Tom Waters whilst a search for a permanent replacement is conducted, presumably in consultation with GVC.
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Gambling News :
Update on Anti Online Gambling bill S.3376 -
More detail is emerging on Senate bill S.3376 and its author, Senator Tom Cotton, indicating that Cotton has in the past (2015) signed as a sponsor for Sheldon Adelsons Restoration of Americas Wire Act and opposes the legalisation of online gambling in the United States.
Anti Gambling bill S. 3376 -
#s3376 Industry observers were taken by surprise late Friday when a little-known Republican Senator from Arkansas, Tom Cotton, filed the beginnings of a new bill in the US Senate Committee on the Judiciary in what appears to be a move to toughen the US legal stance on the Unlawful Internet Gaming Enforcement Act of 2006 and possibly the 1961 Wire Act.
2016 WPT Borgata Main Event Results -
@MrJesseJames888 Four years ago the poker world watched as Jesse Sylvia and Greg Merson fought it out in the heads up of the World Series of Poker main event, with Sylvia narrowly defeated but taking home a second placing pay check for $5,292,889.
G-Sports debuts with the game Road Redemption -
#esports Land, online and mobile gambling publisher Gamblit Gaming has debuted in the burgeoning eSports sector, unveiling its new eSports platform branded G-Sports with the hit PC and console game Road Redemption.
French licensed gambling operators lost $5M in 2015 -
#france Numbers released by the French online gambling regulator ARJEL have illustrated the continued folly of a ring-fenced and restricted online gambling market saddled with a harsh and operator-unfriendly tax regime.
NO PRIVATISATION FOR ONTARIO LOTTERY -
The privatisation of the Ontario provincial lottery will not go ahead despite proposals by major companies like IGT-GTech, Scientific Games and Rogers Communications submitted in response to the provincial government’s 2014 Request for Proposals.
Space Invaders wins Best Slot Product Award -
The growing emphasis on skill-based slot machines that are more appealing to the millennial demographic has seen Scientific Games awarded a Best Slot accolade for its Space Invaders game at the 2016 Gaming and Technology Awards.
NEW MARKETING CAMPAIGN FROM LADBROKES -
The Ladbrokes land and online gambling group has launched its latest marketing campaign, with the first television advertisements ready to screen this Saturday.
Gamesys acquires Snowcat Games -
London online gambling provider Gamesys has announced the acquisition of Estonian online gambling games developer Snowcat Games for an undisclosed consideration, noting that the deal will strengthen its development capabilities.
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