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.
Details of Pokerstars Sale
Friday June 13, 2014 : AMAYA - RATIONAL GROUP SALE IN DETAIL (Update)
$4.9 billion deal will see mainly leadership changes.
The $4.9 billion acquisition of Pokerstars and Full Tilt Poker parent The Rational Group by Montreal-based Amaya Gaming has set the online gambling industry buzzing, and details now emerging include:
* The consideration of $4.9 billion is to be delivered as follows:
$2.1 billion in senior secured credit facilities; $800 million in senior secured second lien term loans; $1 billion to be raised through the issuance of convertible preferred shares; $460 million to be raised through the issuance of subscription receipts; and about $540 million in cash.
A joint statement from the two companies advises that the shareholders of the Oldford Group, the parent company of the Rational Group, "...will dispose of their shares to a wholly-owned subsidiary of Amaya."
Mark Scheinberg, Rational's founder and CEO, and "other principles of Oldford Group" will resign once the transaction has been completed.
* The highly effective and trusted Rational Group operational executive team and its employees are to be retained, although founders Mark and Isai Scheinberg have agreed to step down and withdraw from involvement in the group.
* Amaya chief executive David Baazov has characterised the acquisition as a transformative event for his group, which has already acquired important online gambling companies like Cryptologic, Ongame and Chartwell Tech.
He said in a statement Friday that the agreement strengthens Amaya's core B2B operations with "...a consumer online powerhouse that creates a scalable global platform for growth."
Baazov added: "Mark Scheinberg pioneered the online poker industry, building a remarkable business and earning the trust of millions of poker players by delivering the industry's best game experiences, customer service and online security.
"Working with the experienced executive team at Rational Group, Amaya will continue that tradition of excellence and accelerate growth into new markets and verticals.
"Amaya believes the transaction will expedite the entry of PokerStars and Full Tilt Poker into regulated markets in which Amaya already holds a footprint, particularly the USA."
"Rational Group's executive management team will be retained and online poker services provided by PokerStars and Full Tilt Poker will be unaffected by the transaction, with players continuing to enjoy uninterrupted access to their gaming experience."
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
Pokerstars Bahamas Main and High Roller Results -
The inaugural PokerStars Championship Bahamas saw two big winners crowned this weekend when Christian Harder won the main event for $429,664 and Luc Greenwood took home $779,268 after taking down the $25,750 High Roller event.
High Hopes For Pennsylvania Online Gambling -
Pennsylvania state politicians have wasted no time in getting back to work in the new legislative season, and there is renewed hope for a gambling expansion bill that includes online gambling and daily fantasy sports.
NJ Warns No Federal Online Gambling Ban -
New Jersey Senator and gubernatorial candidate Raymond Lesniak warned that any attempt to overturn a 2011 Department of Justice opinion that the federal Wire Act exclusively governs sports betting would be met with a hard-nosed reaction from his state.
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.