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.
REVENUES UP IN Q3 SPORTINGBET REPORT
Posted 5/27/11 :
Australian and emerging markets producing good results
Sportingbet, a UK-listed online gambling group with Australian interests, released its third quarter financial results this week, showcasing positive revenues, particularly from Australian wagering.
Key performance indicators for the quarter included:
* Amounts wagered in Australia up 14 percent
* Like for like European sports Net Gaming Revenue up 12 percent
* Emerging Markets division continued to grow quickly, with NGR up 148 percent
* Mobile phone active players climbed 44 percent during the quarter
* In-play revenue growth of 14 percent, and now comprises 59 percent of European sports revenue (2009/10: 57 percent)
* EBITDA up at GBP16.1 million, in line with budget and ahead of last year’s GBP14.9 million.
Group chief executive, Andrew McIver, reported:
“We have continued to see strong growth from those economies that have been less impacted by the current recession, in particular Australia and our Emerging Markets division.
"However parts of Europe have been more fragile, particularly the Greek market. Having said that, this situation once again reinforces the argument for a geographically diverse portfolio. It is very pleasing to report EBITDA of GBP16.1 million, in line with budget and ahead of last year’s GBP14.9 million.
"May has started robustly and the Board remains confident for the remainder of the year.”
Earlier this month Sportingbet agreed to acquire the entire issued and to be issued share capital of Centrebet, an Australian sports betting group.
This acquisition will now be effected through two schemes of arrangement under Australian law, and will be made by Sportingbet Australia, a wholly-owned subsidiary of Sportingbet.
The consideration payable to Centrebet will be funded by the proceeds of the firm placing an open offer and a convertible bond Issue.
The Board of Sportingbet has announced a fully underwritten share issue to raise gross proceeds of GBP65 million through the issue of 154,761,904 new Ordinary Shares at a price of 42p per New Share, and the issue of convertible bonds to a nominal value of a further GBP65 milion.
Sportingbet intends to raise, through the New Issue and the Convertible Bond Issue, gross proceeds of GBP130 million in total (approximately GBP118.5 million net of expenses). The Convertible Bond Issue is not underwritten. The Open Offer will allow the company's existing shareholders who qualify the opportunity to participate in the fundraising on a basis of 0.15 Open Offer Shares for every 1 Existing Ordinary Share.
Qualifying Shareholders are also being offered the opportunity to subscribe for New Shares in addition to their basic entitlements under an excess application facility.
The issue price represents a discount of approximately 6.1 percent cent to the closing price of 44.75p per Ordinary Share on 25 May 2011.
The New Shares will represent approximately 23.43 percent of the enlarged Ordinary Share capital of the company following the fund raising initiatives.
Sportingbet Management has commented that the Centrebet acquisition provides an opportunity to improve Sportingbet's business mix between regulated and non-regulated income, increasing the group's proportion of net gaming revenue received from regulated markets from approximately 22 percent to over 30 percent.
Chief exec Andrew McIver, said this week: "This acquisition is a major step forward for Sportingbet as it accelerates the group's strategy of increasing its exposure to regulated markets and of geographic diversification. We will become the leading corporate bookmaker in the fast growing Australian market and look forward to other key markets regulating in the near future."
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.