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.
Shantech could become ISWI's controlling shareholder
The management at US gambling software company Interactive Systems Worldwide Incorporated (ISWI) was in high spirits this week as it announced the signing of a letter of intent with Shantech Incorporated that is a preliminary move toward a significant non-exclusive marketing and business development agreement.
Shantech will market ISWI's products internationally with an emphasis on particular Asian gaming markets in terms of the deal, and in addition will invest $2 million in ISWI in return for 20 percent of common stock up to 2.4 million shares. Shantech may also receive 50 percent warrant coverage for five years, which would be exercisable at a five percent premium to the closing market price six months after issuance.
Shantech's marketing and business development services will be rewarded by commission fees based on the revenues generated by its efforts. There are also incentive bonuses in ISWI equity, subject to shareholder approval, for achieving certain targets. These include generating at least ten million dollars in revenues with at least 25 percent in net profits over the first year or creating $30 million with 25 percent profits over the first 24 months.
ISWI stated that the combination of strategic investments and incentive bonuses, if achieved, would likely result in Shantech becoming a controlling shareholder.
ISWI's Chief Executive Officer Bernard Albanese commented: "This is an exciting day for ISWI. The proposed agreement is an opportunity to enter Asia's substantial and growing gaming marketplace. Suneel Sawant, the founder and Chief Executive Officer of Shantech, has an impressive track record of creating value through the development of meaningful strategic relationships in Asia."
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Gambling News :
Tain Fast Bet -
Our readers will recall Tain recently increased the number of live events it covers each month to 23,000, covering both traditional markets such as football, tennis and US sports and the more obscure curling, biathlon and Water Polo.
Olympic Entertainment Group Mobile Gaming -
In its full-year 2016 report, Olympic Entertainment Group (OEG) has informed the establishment of a Malta-based company registered to facilitate its intended expansion into remote gambling.
Circus Evolution HD Slot -
Malta-based content provider World Match has released its first title of 2017, “Circus Evolution HD”, a 5-reel, 3-row, circus-themed adventure offering Free Spins, Wilds and a Bonus Game.
17 Crown people still detained -
Reports from China over the weekend suggest that the 17 Crown people still detained could be looking at another twelve months of imprisonment as investigations into their alleged and still unspecified crimes drag on
SB1400 Virginia Poker Skill Game Bill -
Her bill SB1400 is currently with the Senate General Laws and Technology Committee, whose 15 members will decide whether to progress it or condemn the Senator to another year of failure.
Pennsylvania Video Gaming Association -
With the focus on Pennsylvania as the most likely next US state to legalize online gambling as part of a general gambling expansion measure, reporters noted this week the emergence of a new lobbying group in the state - the Pennsylvania Video Gaming Association.
Stiffer Problem Gambling Penalties in UK -
The Guardian newspaper reports that the UK Gambling Commission plans to unveil new enforcement strategies on problem gambling and money laundering prevention this month, laying down tougher penalties for operators who fail to tackle these issues.
Spartan Poker vs SpartanPoker name War -
Pokerguru, which owns the brand SpartanPoker.com, has threatened to sue the Indian Poker Championship over its use of the title Spartan Poker, and recently published a notification that it is not associated with the IPC version of the brand.
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.