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 SELLS OFF ITS STAKE IN NYX J.V
Thursday May 28,2015 : SPORTECH SELLS OFF ITS STAKE IN NYX J.V.
GBP 12 million the price tag.
Sportech plc announced Thursday that it has agreed to sell its stake in a 50-50 venture with NYX Gaming to its partner in the social gaming joint venture for GBP 12 million.
The purchase price will be made up of GBP 5.2 million, 2.2 million NYX ordinary shares equating to an aggregate value of GBP 5.2 million and 6.1 percent of NYX and up to a maximum of GBP 1.6 million in deferred consideration.
The agreement comes just 18 months after the two companies partnered up to create the NYX Social Gaming JV.
The agreement is expected to generate an estimated pre-tax profit for Sportech of GBP 8.8 million.
The deal includes Sportech's stake in SNG, one customer contract, online casino software and the full transfer of a number of employees, the company revealed in a statement.
Sportech says the proceeds from the sale will enable it to accelerate its near term North American development plans whilst retaining a material interest in casino and poker online gaming through an equity stake in NYX.
For the year ended 31 December 2014, SNG had not commenced trading and had no revenues or associated costs. Sportech's share of losses to the date of disposal is estimated to be GBP 200,000 and its share of net assets at the date of disposal is estimated at GBP 1.9 million.
Sportech CEO Ian Penrose said that the agreement generated a significant return for Sportech in a short timespan
"The structure of the deal enables us to reinvest in our US growth activities in the sports gaming market, whilst retaining a material stake in the future of online casino gaming in North America. NYX is endeavouring to build a market leading position and we look forward to sharing in this opportunity with them," h said.
Matt Davey, chief executive of NYX, added: "We've enjoyed a strong partnership with Sportech and look forward to opportunities to work together in the future."
The JV empowered Sportech to launch its first online gaming activities in New Jersey in collaboration with the Resorts Casino Hotel.
USA Online Gamblers. The Best Online Casino with the fastest payouts and highest bonus. Get your Exclusive Bovada Bonus Code now. Up to $4250 in free sign up bonuses. Dont miss out on this limited time special offer.Online Poker, Online Casino and Online SPorts betting all included in this exclusive Bovada Bonus.
2017 Aussie Millions Event 1 -
The Melbourne-based player bested a field of 1,565 entries - 245 up on last year's equivalent - to end up in the heads up with New Zealnad's Qiang Fu, but not before both he and Qiang had narrowly escaped at the four-handed stage when they were the low stacks.
Swiss Reject idea to Block Gambling Websites -
The Legal Affairs Committee of the Swiss National Council has nixed new regulations which would have blocked access to online gambling sites in Switzerland, according to local media reports Tuesday.
Growth Ahead For Online Gambling -
Transparency Market Research has issued a teaser on its latest international online gambling and betting survey, forecasting that the industry will grow at a Compound Annual Growth Rate (CAGR) of 10.8 percent by 2024.
New Qubit software For SkyBetting -
#qubit Sky Betting & Gaming aims to top its record 50 percent revenue growth last year with new player differentiation software and expertise provided by the Qubit company.
Slotfather II Slot Launching -
#betsoft The first is a sequel to the popular gangster-themed online slot Slotfather, unsurprisingly titled Slotfather II, whilst the other is a new 243 ways-to-win game titled Fa Fa Twins..
Massachusetts Online Lottery Bill -
Flanagan's confidence was clearly boosted by the bill's success in the Senate last year, although it was not developed by the House and ran out of time.
Italy Doing Well With Online Sports betting -
The latest numbers from the Italian regulator show that online sports betting remains king when it comes to internet gambling in the market, generating Euro 391.8 million in turnover in December 2016.
Michigan To Reintroduce Online Gambling Bill -
#Michigan state Sen. Mike Kowell's staff have confirmed that the senator plans to reintroduce his online gambling legalization bill, which failed to make it through the last legislative season.
MGM Buys DC office building For lobbying team -
#MGM Resorts International has bought a new Washington, D.C., office building for its in-house lobbying team, led by former chief counsel to the now retired Nevada Sen. Harry Reid, Ayesha Khanna.
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.