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Ladbrokes Offers 5.125 percent Sterling Bonds

Allows Ladbrokes to diversify sources of debt finance
Ladbrokes plc's wholly-owned subsidiary Ladbrokes Group Finance plc  has announced the launch of a retail bond which will enable Ladbrokes to diversify its sources of debt finance and extend the maturity profile of its debt.
The 5.125 percent Sterling Bonds are available to wholesale and retail investors, are guaranteed by Ladbrokes, offer a fixed rate of interest of 5.125 percent per annum payable twice yearly and mature on September 16, 2022.
The Bonds are expected to be listed on the UK Listing Authority's Official List and admitted to trading on the London Stock Exchange's regulated market and through the electronic Order Book for Retail Bonds (ORB).
A minimum initial subscription amount of GBP 2 000 is required and are available in multiples of GBP 100 thereafter. Investors are permitted to sell the bonds at any time during the period to maturity on the open market through their stockbroker.
Barclays Bank PLC, Canaccord Genuity Limited and Lloyds Bank plc will act as Joint Lead Managers on this issue.

Gambling News :

PokerLion Joins Microgaming Poker Network - PokerLion roars into life on the MPN’s Indian Poker Network. Microgaming welcomes PokerLion to the MPN’s growing Indian Poker Network.

Danske Spil Bingo Moves to Microgaming - The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.

Quickfire live on Strendus - Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.

$2 Million Added to partypoker Guarantees - Almost $2 Million Added to Guarantees During First Ever Super Sunday

Quickfire content live on BetatHome - Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.

Microgaming has donated £30,000 between four charities - Gift of Giving provides Microgaming’s customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.

Entertainment Betting Odds: 90th Academy Awards - The Shape of Water leads Sunday’s 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at –115.

New era of poker in Baltics with The Kings of Tallinn - The Main Event at the festival has already attracted big names like Juha Helppi and Kimmo Kurko. These two are Finland’s all-time poker tournament winners.

Fair Play Bets and QuickFire in Deal - Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.

Cavaliers Aim to Take Down Wizards on 2/22/18 - The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.

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