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Media Corp Settles Cd casino Case
Sunday, July 22, 2012 : MEDIA CORP SETTLES CD CASINO.COM LIMITED LITIGATION (Update)
15 million ordinary shares handed over to make legal action on Gambling.com go away
Media Corp plc management have yet to pay Purple Lounge poker players left stranded by the liquidation of that company , but they have managed to remove litigation launched against the company by CD Casino.com Limited, which has been looming over the troubled firm.
In an announcement Thursday Media Corp advised that in return for 15 million of its ordinary shares, CD Casino has settled.
The litigation concerned an alleged breach of contract in an agreement involving Gambling.com, a Media Corp subsidiary that has since been sold off.
The Media Corp announcement notes that: "The Board of Media Corporation has reached a settlement agreement, with CD Casino, in respect of the pending legal claim brought against Media Corp and its subsidiary Search Focus Limited in February 2012. In settlement the Group will issue CD Casino Limited with 15 million ordinary shares.
"Following this announcement the Group has no further outstanding litigation."
New Racing UK free-to-watch show -
Wake up to Luck on Sunday – join Nick Luck and guests for new Racing UK free-to-watch show. BHA Chief Executive Nick Rust to appear on first broadcast this Sunday
MLB Odds: Stroman Gets the Nod Against Royals -
The Toronto Blue Jays (70-80, –20.18 betting units) begin their final home stand of the 2017 campaign this Tuesday when they welcome the Kansas City Royals (73-76, +2.56 units) to Rogers Centre. Sportsnet has the coverage at 7:07 p.m. Eastern.
Microgaming QuickFire enters Coloumbia -
Wplay signs for Quickfire; strategic deal sees Quickfire enter Colombian market. Colombian-licensee Wplay has signed a deal for Quickfire, powered by Microgaming.
Partypoker to sponsor WSOPC Uruguay -
Partypoker to sponsor WSOPC Uruguay in December. Qualify exclusively on partypoker for WSOP Uruguay Main Event. December 7th to 17th in beautiful Punta del Este.
MLB Odds: Jays Hope to Spoil Orioles’ Visit -
The 2017 season is just about over for the Toronto Blue Jays (66-77, –21.19 betting units), but they can play spoiler in Tuesday’s game against the visiting Baltimore Orioles, starting at 7:07 PM ET on Sportsnet.
Money Storm Casino -
Money Storm is not your typical online casino. While many focus on the quantity of games they offer their players, this one is more focused on the quality of their games.
Big Online SLot Win on Ultimate 10X Slot -
At 9.20PM on August 28th, Kasey R was enjoying the new Ultimate 10X three-reel slot at Miami Club. The game has a random 'must win' progressive jackpot that is guaranteed to pay by the time it reaches $25,000
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