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 Acquires Poker Strategy
Friday July 12,2013 : PLAYTECH CONFIRMS ACQUISITION OF POKER STRATEGY.COM
Consideration of Euro 38.3 million will be funded from existing cash resources to acquire affiliate marketing giant
Online gambling software group Playtech plc has confirmed rumours earlier this month that it is about to acquire the high profile and Gibraltar-based online poker information and affiliate marketing site Poker Strategy.com. Describing the acquisition as a "bolt on" project, Playtech revealed Thursday that the price it is paying is Euro 38.3 million, which will be funded from existing cash resources.
The business complements both Playtech's poker offering and its PTTS marketing division, a company statement noted.
The acquisition from owner Etruvian Holdings Limited includes certain of Poker Strategy's fellow subsidiaries, which Playtech describes as "....one of the world's largest poker affiliate businesses, targeting European markets and utilising an online poker school and player community to provide professional content in more than a dozen languages to attract new and experienced players and help them improve their game through tailored training content by way of video clips, professional content and tips, with the goal to ultimately increase player value."
The statement notes that Poker Strategy and its subsidiaries generate income on a revenue-sharing model in respect of players introduced to its clients for a period following player sign-up.
Dominik Kofert and Enrique Guzmán, the two founders of Poker Strategy, are providing a guarantee of the seller's obligations and will both remain with the acquired business on a consultancy basis. Conditions attached to the deal include agreements on non-compete and non-solicitation provisions.
Playtech directors believe the acquisition is complementary to both Playtech's PTTS marketing division and its overall poker offering, further strengthening Playtech's position in online poker and providing a community-based model for player acquisition, which is attractive to both social and real-money players in existing and soon to be regulated markets.
The acquisition will allow Playtech to further diversify its business by providing licensees with access to the world's largest independent poker community with over six million members, thereby cementing existing relationships and creating incremental opportunities for both software and PTTS marketing.
For the period 1 January 2012 to 31 December 2012, Poker Strategy generated a profit before tax of approximately Euro 19.5 million. As at 31 December 2012, it had gross assets of approximately Euro 18.5 million and net assets of approximately Euro 16.3 million.
Playtech believes that given the combination of cost and revenue synergies, the acquisition is earnings enhancing.
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.