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NetPlayTV Walks Away from The Football Pools
Tuesday January 12,2016 : NETPLAYTV WALKS AWAY FROM THE FOOTBALL POOLS DEAL (Update)
Trading in the company's shares resumes.
The much-discussed negotiation by UK interactive gambling group NetPlayTV for the GBP 100 million acquisition of Sportech subsidiary The Football Pools has been terminated, according to a company statement Monday.
In a brief corporate update, NetPlay TV noted:
“After careful consideration the company has decided not to enter into this process and has therefore terminated discussions.”
Following the announcement the company's shares, halted whilst the talks took place, were restored to trading on the London AIM market.
According to earlier reports, Sportech has other potential buyers for the Pools and has asked potential buyers to step forward with firm offers for consideration
NetPlayTV, which is part-owned by Israeli billionaire and Playtech shareholder Teddy Sagi, had ambitious plans for the pools if the deal had gone through, including significant expansion and more digital action.
Sportech has yet to comment on the NetPlayTV withdrawal from negotiations.
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.
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 Microgamingís 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 Sundayís 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 Ė115.
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