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.
Playtech Looking to Raise Capital for Plus500 Deal
Friday June 19,2015 : PLAYTECH SETS ABOUT RAISING CAPITAL FOR PLUS500 DEAL (Update)
Company places up to 29,050,000 ordinary shares - 9.9 percent of current issued share capital - to help fund £459.6 million purchase.
Playtech plc announced Thursday a placing of over 29 million shares - around 9.9 percent of its share capital - to fund its £459.6 million acquisition of CFD trader Plus500
The placing should raise some £250 million as the online gambling software supplier continues to evaluate a number of other investment opportunities and has flagged strong current trading.
Financial analysts pointed out that main Playtech shareholder Teddy Sagi's Brickington investment company will take up 33.6 percent of the placing to maintain its shareholding.
Overall, this placing surprised some observers who recall that Playtech said at the time of the Plus500 deal that it would fund the acquisition through existing resources and debt facilities. However, to complete the other CFD brokerage business on which it has a call option (TradeFX) and leave it with scope to do other bolt-ons, the company decided to raise equity.
Playtech CEO Mor Weizer, commenting on the placing, said: “Playtech's enviable M&A track record has been founded on its ability to be pro-active, facilitated by financial flexibility which has allowed it to be able to act from a position of strength.
“Today's equity fundraising, in conjunction with new debt facilities, which we are in the process of securing, will improve the efficiency of Playtech's capital structure whilst maintaining the financial flexibility to pursue acquisitions in both the gambling and financial trading space to deliver long term value for our shareholders.”
The company further advised the market that it has purchased additional shares in Plus500, increasing its shareholding in Plus500 to 9.36 percent.
Earlier, Plus500’s founders and management, who hold 35.6 percent of Plus 500's issued ordinary share capital, undertook to promote a shareholder vote in favour of Playtech’s cash offer of 400p per Plus500 share
USA Online Gamblers. The Best Online Casino with the fastest payouts and highest bonus. Get your Exclusive Bovada Bonus Code now. Up to $4250 in free sign up bonuses. Dont miss out on this limited time special offer.Online Poker, Online Casino and Online SPorts betting all included in this exclusive Bovada Bonus.
Gambling News :
IGT Continues Partnership with Coljuegos EICE -
IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.
Magic Spells SLot Launches -
The penny slots’ Wild symbol is a bubbling cauldron which is an Expanded Wild that can cover up to four positions for multiple winning combinations.
Lightning Box Games in Deal With Everi Games -
Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.
Another Attempt to Acquire Tatts -
The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer
Ladbrokes Trading Update -
The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:
Leovegas Player Wins a BMW X4 -
A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.
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.