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PLAYTECH ANNOUNCES STOCK EXCHANGE UPGRADE

Thursday June 14,2012 : PLAYTECH ANNOUNCES STOCK EXCHANGE UPGRADE
 
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 :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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