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Atletico Madrid agrees to extended shirt sponsorship deal With Plus500

Saturday June 27,2015 : SPANISH FOOTBALL SPONSORSHIP FOR PLUS500
 
Atletico Madrid agrees to extended shirt sponsorship deal.
 
Plus500, the troubled financial CFD trader that Playtech recently agreed to acquire in a £459.6 million offer has pushed ahead with its marketing programme, agreeing this week to a two-year extension of its football shirt sponsorship association with Atletico Madrid.
 
Playtech's Plus500 deal remains under threat from the powerful London-based hedge fund Odey Asset Management, a major shareholder of 25 percent of the company which has been increasing its holding.
 
Odey claims that the Playtech offer is almost half the £862 million Plus500 was worth before the regulatory crisis at Plus500 - over inadequate anti-money laundering checks - blew up last month.
 
However, last week Playtech revealed that it had bought another 10.75 million shares in Plus500, equivalent to 9.36 percent of the company.
 
Allied with Plus500's management, who speak for 35.6 percent of the company's shares, that amounts to around 45 percent of the company....not far short of the 50.1 percent necessary under Israeli law to claim control and allow the acquisition to progress despite Odey opposition.
 
Playtech is presumably working on getting that 5 percent or more of additional support from the remaining shareholders.
 
Odey, a formidable £8.25 billion operation, remained opposed to the deal when InfoPowa went to press this week, describing it as  "....an opportunistic bid exploiting current regulatory issues and risks." However, the company has been buying Plus500 shares at around the £4 a share level, which in value is in the Playtech bid area.



Gambling News :

NHL Odds: Forsberg Faces Elliott in Nashville - The last time the Nashville Predators played against the Calgary Flames, Calgary had a 4-1 lead five minutes into the second period. Nashville responded with four back-to-back goals, including a hat trick from centreman Filip Forsberg. Both teams went into overtime with five goals, and Calgary defenseman Mark Giordano (12 goals, 22 assists) scored the winning goal.

Sit & Go 2.0 launched online exclusively at Americas Cardroom - Get ready to cheer like a champion before the first flop is even dealt. The much-anticipated Sit & Go 2.0 is now launched online exclusively at Americas Cardroom and Sit & Go players are reaping the benefits of the next evolution of poker.

NBA Odds: Hawks, Wiz in Southeast Showdown - The Washington Wizards (42-27 SU, 36-32-1 ATS) can pretty much secure the Southeast Division title with a win Wednesday night over the Atlanta Hawks (37-32 SU, 31-38 ATS). Tip-off is at 8 PM ET on ESPN; the Wizards lead Atlanta by five games with less than a month remaining before the playoffs.

Mega Moolah progressive jackpot Hit Again - Microgaming’s Mega Moolah progressive jackpot slot has been hit yet again at just over €6.6 million!

NBA Odds: Clippers Try to Slow Down Bucks in LA - Milwaukee Bucks small forward Giannis Antetokounmpo and Los Angeles Clippers power forward Blake Griffin are two of the most talented and versatile forwards in the NBA. The two lead their teams into battle on Wednesday in Los Angeles.

NCAAB Odds: SMU Hosts Tulsa With AAC Title on the Line - There aren’t too many college basketball teams more profitable than the SMU Mustangs (25-4 SU, 18-5-1 ATS). They host the Tulsa Golden Hurricane (14-14 SU, 15-12 ATS) this Thursday night, tipping off at 8 PM ET on CBSSN.

NHL Odds: Canadiens Welcome Islanders Tonight - The Montreal Canadiens (32-20-8) welcome the New York Islanders (28-21-10) on Thursday (7:30 PM ET on SNE). After getting their first victory under new head coach Claude Julien, the Canadiens will look to build on that momentum against a red-hot Islanders team.

NHL Odds: Reeling Flyers Seek Relief in Pittsburgh - #nhl The Philadelphia Flyers have been a bit off since the holidays. They’ve won just eight games since the Christmas break, and now they’ve got a tough one coming up this Saturday night against the Pittsburgh Penguins.

Dollars to Donuts Slot Launch - Firstly, it's a classically styled, easy playing 3-reel with five pay lines featuring a traditional icon set of bars and sevens.

Secret Symbol Slot - RTG will soon release 'Secret Symbol', a 5 Reel Video Slot on 3/15/2017.

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