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.
Nordic Leisure revenues drop over 51 percent
Wednesday December 4, 2013 : REVENUE PLUNGES AT SCANDINAVIAN ONLINE GAMBLING COMPANY
Nordic Leisure revenues take a 51.2 percent hit as firm moves East
Investors in the Scandinavian online gambling group Nordic Leisure will be alarmed by the latest financial stats from the company, which this week reported on its Q3-2013 results.
Revenues were 51.2 percent down at SEK 12 million compared with the SEK 24.6 million achieved in the comparable quarter in 2012.
EBITDA also declined by more than half, dropping to SEK 1.3 million from last year's SEK 3 million.
Chairman Niklas Braathen said that the July 1 sale of Redbet, which had contributed a substantial amount to company coffers in terms of revenues, had clearly impacted the performance figures.
Other highlights of the report included:
* Profit after tax amounted to SEK 38.9 M (2.7).
* Earnings per share amounted to SEK 1.02 (0.10).
* Active player accounts were up at 6551 (6257 in Q3-2012).
* Optiwin OÜ received a final operating license for business in Estonia and opened offices in Tallinn.
* The group's Latvian company SIA Optibet acquired the Latvian company SIA Darta which owns a commercial property in Riga in which SIA Optibet operates. The purchase price for SIA Darta amounted to Euro 1,575,000.
* The company's Swedish group headquarters was moved from Stockholm to Sigtuna. This resulted in the CEO and CFO, respectively Claes Hallén and Andreas Helsing, agreeing to depart in 2014 with severance packages.
Braathen said that with the sale of Redbet, the company has created a strong platform for focused and successful growth in the Eastern European online gambling markets. All gaming activity would now be centred under the Livonia Gaming subsidiary, which itself heads a group that includes wholly-owned licensed subsidiaries in Tallinn, Riga and Malta, and employs approximately 110 employees, including 50 at operational headquarters in Riga.
These activities are currently conducted under the brands Optibet and Gold Club Casino.
The focus on the Eastern European markets has resulted in the company doubling its staff in Riga, Latvia.
"It is my opinion that we possess a good position to take advantage of the business opportunities we see in these markets, and I eagerly look forward to the cooperation with our management team are now given the ability to deliver future value to our shareholders," said Braathen.
Expanding further on the upcoming departures of Hallén and Helsing, Braathen said that they would leave the company after the 2014 agm in May next year.
"Nordic Leisure and its subsidiary Livonia Gaming, the holding company for the activities of operating subsidiaries in Estonia, Latvia and Malta, has moved its Swedish office from Stockholm to Sigtuna," Braathen explained.
"The time was ripe for a reorganization of the management team. After the divestiture by Redbet, we are now entering a new phase, and develop our existing brands with a clear focus on major markets in the former Soviet Union.
“I would like to thank both Claes Hallén and Andreas Helsing for their work and excellent contributions to the company. "
Hallen who has been CEO of Nordic Leisure AB since 23 May 2012, and is member of the board said that the group's gaming operations are profitable and growing, and that it was time for him to step down. He said he would actively participate in the search for a new CEO for the group, where he would continue to serve on the board.
Gambling News :
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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.