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.
Sportech H1-2013 result
Thursday August 22,2013 : SPORTECH POSTS H1-2013 RESULTS
Continued momentum in the United States, but weak performance in e-gaming
Sportech plc has posted its H1-2013 result to end June 2013, reporting progress on strategic goals and continued momentum in its United States endeavours, but e-gaming losses despite increased market spend.
Financial highlights of the report include:
* Revenue broadly stable at GBP 57 million (H1-2012: GBP 57.7 million)
* EBITDA down at GBP 11.8 million (H1-2012: GBP 12.6 million)
* Sportech Racing up 22 percent
* Football Pools down 6 percent
* e-Gaming losses despite an increase in marketing spend
* Adjusted profit before tax down at GBP 5.9 million (H1-2012: GBP 7.4 million)
* Profit before tax down at GBP 1.9 million (H1-2012: GBP 3.2 million)
* Net bank debt of GBP 56.7 million
* VAT claim now anticipated at approximately GBP 95 million
Strategic and operational highlights:
* Sportech Racing - continued momentum across the business
* New tote betting contracts signed with major gaming businesses in the USA, Denmark and UK
* eBet Online acquisition performing well, with integration on track. Full range of e-Gaming products from a single wallet soon to be available
* Launched exclusive online horserace betting platform for Connecticut customers
* VAT - First-tier Tax Tribunal found in favour of Sportech - HMRC given leave to appeal, with the next hearing at Upper Tribunal to be held on 29 and 30 April 2014. Sportech's VAT claim increased from previous estimates and now anticipated at approximately GBP 95 million.
CEO Ian Penrose reported that the company continues to make strategic and operational progress and build its "unique" market position.
"The United States is a strategically important market for Sportech and I am delighted that our efforts have led to a 22 percent growth in EBITDA in our Sportech Racing business, which now accounts for over 40 percent of Sportech's operational EBITDA," Penrose said.
"With several significant new contracts in place, new products coming into the market soon, a flagship betting and sports bar opening later this year in Connecticut and full launch of Connecticut's only legal online horseracing betting platform by the year end, we are pleased with the momentum in our US business for 2014 and beyond.
"The strong performance of this business and its importance to the Group's future success has helped mitigate the challenges faced in e-Gaming during the period.
"We were delighted when, in March 2013, our VAT rebate claim anticipated at approximately GBP 95 million was determined in our favour by the First-tier Tax Tribunal, although HMRC was subsequently given leave to appeal to the Upper Tribunal. Whilst this is proving a lengthy process, with the claim first lodged in March 2009, we are pleased with our success to date and look forward to the appeal hearing in April 2014."
Limited time offer for all our Readers. All Countries. A brand new No Deposit Bonus. No Max Cashout. Claim It Here.
Mybet Earnings Struggle -
The statement this week reveals that Mybet continued to be hampered by negative trends from historic quarters, making its original performance estimate "unrealistic".
Tom Horn Awarded Malta Gaming License -
Online gambling software provider Tom Horn Gaming has been awarded a Malta Gaming Authority license that permits the company to host and manage Malta-based gaming operators.
Calvin Ayre invests in new Antigua Business Center -
Ayre joined with government officials this week in a ground-breaking ceremony for a five-story centre on Antigua which will be home for the venture. The "green" building will be solar powered and provide employee-friendly services like catering, a gym and child care.
Attack of the Zombies Slot -
Online gambling games developer Genesis Gaming has unveiled its latest game, with a theme based on a horror story of the undead, exploiting the current trend....and just in time for Halloween.
Why is FullFlush Poker Still Down -
Its now almost a month since Full Flush Poker went offline "for a platform upgrade" and stopped communicating with its reportedly many unpaid and unhappy players. All trace of the operator - and means to communicate with it - have vanished.
Time Running Our For Pennsylvanian online gambling -
Hopes that this week would see the Pennsylvanian Senate voting on an online gambling and DFS legalization bill already passed by the House four months ago dwindled Wednesday when no progress was made and the legislatures season officially closed.
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
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.