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.
PaddyPower pays Euro 101 million for the rest of Sportsbet
Posted By Michael Smith on 12/24/10 : Betting group pays Euro 101 million for the rest of Sportsbet
The land and online betting group Paddy Power, which acquired a 51 percent interest in the Australian group Sportsbet for Euro 27.2 million in 2009, has locked up the remaining shares by exercising its option to buy the remaining shares of the company. Paddy Power has invested a further Euro 100.9 million in completing the acquisition.
Describing Sportsbet as "a cracking business", Paddy Power CEO Patrick Kennedy said his company's confidence that Sportsbet would be a profitable investment had been borne out "and then some."
He revealed that the two companies had made great progress in merging the best of both organisations, allowing Paddy Power to drive development and investment and secure full participation in the upside of the business.
Kennedy expects the deal to be finalised by March 2011, with the consideration paid through Euro 83.8m in cash from Paddy Power’s existing cash reserves, and the issue of Euro14.1 million of new Paddy Power shares calculated by reference to a share price of Euro29.17 per share and the Australian dollar exchange rate immediately prior to completion; and the assumption of a Euro 3 million obligation to “certain Sportsbet employees”.
A company statement revealed that a maximum additional payment of A$25 million is payable if Sportsbet’s 2013 EBITDA exceeds A$80 million. A special dividend of Euro6.5 million will also be paid to all Sportsbet shareholders prior to completion.
Gambling News :
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
The Railbird Launched By Americas Card Room #acra -
Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.
Huge Caribbean Hold’Em hit at Bovada Casino -
A progressive jackpot strikes again! This time it was at Bovada Casino, where a Texas player landed the top hand playing Caribbean Hold’Em over the weekend. A grand total of $119,348 was collected from the poker-inspired table game.
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.