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.
New IPO For Playtech Founder
Monday March 10,2014 : PLAYTECH FOUNDER PLANS A NEW I.P.O.
This time it's a digital wallet product from Sagi's SafeCharge company.
Teddy Sagi, the Israeli businessman and billionaire who founded Playtech, and recently sold off a chunk of his stock in that company has a new product lined up for a $100 million I.P.O. in London, according to a report in the Financial Times over the weekend.
The entrepreneur’s latest project is a digital wallet branded SafeCharge, in which Sagi owns the controlling 90 percent stock.
The product has obvious synergy with online gambling, but has applications in other e-commerce sectors as well. The company claims it has the ability to process gambling bets at high speed of 300 transactions per second, and with virtually zero downtime.
SafeCharge will list on the AIM today (Monday) creating a free float of about 30 percent and diluting Sagi’s stake to around 63 percent, the FT reports, noting that after floating SafeCharge's market capitalisation would be in the region of GBP 210 million - GBP 230 million.
Announcements from the company reveal that SafeCharge processed $5 billion in transactions last year and its revenues were $43.1 million, up 31.4 percent on 2012, with EBITDA of $11.2 million. SafeCharge is forecasting 2014 revenues of $61.2 million and adjusted EBITDA of $18.1 million.
The FT notes that the company has obtained “principal” status with MasterCard and has applied for similar status with Visa, enabling it to act as an acquirer for clients as well as being their payment provider.
Forty-year-old Sagi has seen his investment in Playtech soar as the online gambling group developed into an industry leader and FTSE 250 firm that is now worth around GBP 2.4 billion.
Last week, he cashed in a 15.4 percent stake to pocket GBP 326 million, retaining a 33.6 percent stake in the gambling group.
Founded by present CEO David Avgi (39) in 2006, SafeCharge predicts that revenues from sports betting will grow to up to 45 percent of overall sales, while the proportion of revenues from the UK would increase to up to 52 percent of all markets.
“We are also planning to be very focused in the Asian market, with some acquisitions,” he said.
The chairman of the company is another Playtech veteran - former chairman Roger Withers.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
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.
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.