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Sportingbet offer Approved
Friday February 22,2013 : SPORTINGBET OFFER APPROVED BY STAKEHOLDERS
Share and Bond Holders give their stamp of approval
The recommended offer for Sportingbet plc by William Hill Australia Pty Limited, a wholly owned subsidiary of William Hill plc, and GVC Holdings plc moves ahead as GVC and Sportingbet stakeholders approve the transaction.
Resolutions tied to the offer were approved by the majority of stakeholders at a Sportingbet Bondholder General Meeting, Court Meeting and the Shareholder General Meeting today.
Sportingbet's Bondholder meeting yielded 657 votes in favour representing 100 percent of the votes cast. 86.71 percent majority of Scheme Shareholders voted in favour of the resolution to approve the Scheme and its Shareholder General Meeting was passed on a poll by the requisite majority.
Completion of the Offer remains subject to certain conditions but is anticipated to become effective around March 19, 2013.
In related news, GVC Holdings PLC announced all resolutions relating to the deal were passed at an Extraordinary General Meeting of the Company also held today (Friday).
Gambling News :
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
The Railbird Launched By Americas Card Room #acra -
Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.
Huge Caribbean Hold’Em hit at Bovada Casino -
A progressive jackpot strikes again! This time it was at Bovada Casino, where a Texas player landed the top hand playing Caribbean Hold’Em over the weekend. A grand total of $119,348 was collected from the poker-inspired table game.
New PartyPoker Pro Richard Dubini -
A regular player in the Latin American live circuit, Dubini will travel alongside partypoker ambassador Joao Simao to gain feedback from players about partypoker to help optimise both live and online poker for the local players.
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