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Leisure & Gaming Raises More Cash

Land and online gambling firm Leisure & Gaming revealed this week that trading for the first half 2008 has been in line with market expectations and continues the profitable growth of the company.
 
The company reported that it has raised GBP 553 000 via a share placing of 9.22 million new shares at 6p, proceeds from which will be used to obtain an Italian online licence and to make further improvements to the group's operating platform.
 
The betting and gaming group said that for the six months to June 30th it saw a gross profit of Euros 3.4 million versus 1.2 million for the same period last year with an estimated EBIT of Euro 1.2 million compared with a Euro 1.4 million loss last year. Net win of Euros 12.8 million was down compared to the Euros 13.9 million for the equivalent period in 2007.
 
"We will continue to make operational improvements over the quieter summer months and look forward to the start of the football season and a strong fourth quarter, which historically yields the highest trading volumes,' CEO, Henry Birch, said in a statement.
 
The company added it expects to have its full estate of Italian shops operating under new Bersani licences open by the start of the football season and anticipates being able to offer online poker throughout its retail network and to Italian online customers before the end of the year.



Gambling News :

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.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

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.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

NY Rangers vs. Devils on 12/21 - When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.

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