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Notification of proposed AIM cancellation and admission to the Official List of the London Stock Exchange
In a public announcement Wednesday, online gambling software developer Playtech plc confirmed its intention to apply for admission to listing of its ordinary shares on the premium segment of the Official List of the UK Listing Authority, and admission to trading on London Stock Exchange plc's main market for listed securities.
The company gave notice of its intended cancellation of trading of its shares on the AIM market of London Stock Exchange plc.
"The Company believes that the Official List is the most appropriate platform for the continued growth of the Group by increasing Playtech's profile, assisting in the liquidity of the Company's shares and providing a greater range of potential investors for the Company," the statement advises interested parties.
It is expected that the Playtech will publish its prospectus in connection with Admission on 28 June 2012 and that the company's ordinary shares will be admitted to the Official List, commence trading on the main market of the London Stock Exchange plc and simultaneously be cancelled on AIM effective at 8:00am on 2 July 2012, subject to the receipt of the necessary approvals from the UK Listing Authority and the London Stock Exchange.

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Gambling News :

Phil Ivey Loses Borgata Casino - Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.

NYX Gaming in deal with Endemol - "Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”

NEW CAMBODIAN GAMBLING LAWS - After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.

Congress To Review US SportsBetting Restrictions - Did the American Gaming Association’s campaign influence the decision to take another look at the 1992 Professional and Amateur Sports Protection Act?

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

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