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IGT merger with GTech was overwhelmingly approved

Wednesday February 11,2015 : I.G.T. SHAREHOLDERS APPROVE GTECH ACQUISITION PLAN
 
Overwhelmingly favourable vote from investors.
 
International Game Technology (IGT) announced Wednesday that at a special meeting of its shareholders the merger with GTech  was overwhelmingly approved.
 
Specifically, the shareholders approved the Agreement and Plan of Merger by and among IGT, GTECH S.p.A., a joint stock company organized under the laws of Italy, GTECH Corporation, a Delaware corporation (''Gold US Sub''), Georgia Worldwide plc, a public limited company organized under the laws of England and Wales (''Holdco'') and Georgia Worldwide Corporation, a Nevada corporation, for the acquisition of IGT by GTech.
 
More than 99 percent of the votes represented and cast at the meeting, or approximately 72 percent of the total outstanding common stock eligible to vote as of the January 2, 2015 record date, were voted in favour of the Merger Agreement.
 
Approval of the Merger Agreement by IGT's shareholders satisfies one of the conditions required to close the transaction, which is still subject to certain closing conditions, including, but not limited to, the receipt of required gaming approvals.
 
IGT's Board of Directors has declared a cash dividend of $0.11 per share on its common stock. The dividend is payable on March 20, 2015 to shareholders of record on March 6, 2015.

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Gambling News :

IS DAN BILZERIAN A POKER FISH? - Dan Bilzerian, the high profile Instagram legend, jet setting playboy and allegedly deadly online poker player who claims he accrued a $50 million fortune playing the game,

Vegas Crest online casino adds 30 new games - The Vegas Crest online casino has announced the addition of 30 new video slots to its games inventory from developers GameArt and Xplosive.

AMAYA C.F.O. RETIRES - Daniel Sebag, the Amaya online gambling group's first and only chief financial officer with ten years’ service under his belt, has retired, according to a company announcement Friday.

Is Sheldon Adelson in Favor of Trumo - With the inaugural presidential lunch coming to a close Friday afternoon, US Congressional reporter Paul Kane offered an interesting tweet, noting:

SD618 Massachusetts Online Gambling bill Updates - A few more details have emerged on Sen. Bruce Tarr's new online gambling legalization bill SD618 just filed in the Massachusetts Senate.

2017 $25,000 buy-in Aussie Millions Challenge event results - Taiwan poker pro James Chen has emerged victorious in the $25,000 buy-in Aussie Millions Challenge event after besting a field of 133 at the Crown in Melbourne.

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

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