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.
Rank Agrees To Revised Terms with Coral
Wednesday March 6, 2013 : RANK AGREES REVISED TERMS WITH GALA CORAL
Gets the nod from the Competition Commission but with amendments
The conditional agreement for the acquisition of the Gala Coral Group's Gala Casinos Limited (GCL) announced by Rank Group Plc in May 2012 has finally made some progress following the United Kingdom Office of Fair Trading's referral to the Competition Commission for review and its subsequent report.
The Competition Commission has given the nod for Rank's purchase of 19 of the 23 casinos originally included in the original agreement, which had since lapsed while under the various reviews by the OFT and the Competition Commission.
Under the terms of the new revised conditional agreement with Gala Casino 1 Limited (Gala Casinos), Rank will acquire 19 casinos, along with the three non-operating licences (subject to certain agreements with the Competition Commission) for a total cash consideration of GBP 179 million.
The amended acquisition is expected to be completed in the second quarter of 2013 but is conditional on the disposal of its non-operational licence in Edinburgh, Rank having in place third party financing and Gala Coral having received certain lender consents.
The sale will cover the transfer of around 2 220 Gala Casino employees to the Rank Group and a transitional services arrangement has been agreed with Gala Coral who will provide certain services for a limited period to facilitate a smooth transfer of the business.
Rank will become the largest casino operator in Great Britain by number of casinos following this acquisition. The company envisages the roll-out of its "G Casino" format to eight Gala casino locations, while the general rebrand to Rank will extend the Grosvenor brand into eleven new cities.
Rank's anticipated investment in the acquired estate includes approximately GBP 25 million over two years to roll-out the 'G Casino' format to eight Gala casino locations and to upgrade the Gala Casinos' estate, which includes the implementation of branding and IT systems.
Commenting on the transaction, Ian Burke, chairman and chief executive of Rank said: "This acquisition enables us to capitalise on our proven record of operational excellence in the British casino sector and is expected to be earnings enhancing in the first full year of ownership. By rolling out the 'G Casino' format into the Gala estate and expanding the Grosvenor Casino brand into 11 new cities, we will accelerate the growing awareness of the brand and support the development of a multi-channel gaming business."
"This transaction will crystallise significant value for Gala Coral's shareholders and debt investors. I want to recognise the contribution and commitment of the Gala Casino team, who have been operating the business in extremely difficult circumstances", added Carl Leaver, Group chief executive officer of Gala Coral in a separate statement.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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.