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SPORTINGBET TURKISH OPERATION SHUT DOWN
Friday , October 21, 2011 : But company seems unconcerned. Interesting new information has come to light on Sportingbet plc's sale deal of its Turkish language website superbahis.com and associated offshore assets to East Pioneer Corporation B.V. supported by a services agreement with GVC Sports, a subsidiary of GVC Holdings plc.
This week Bloomberg business news reports that on October 14 (the same day the company announced the completed deal) Turkish authorities shut down the superbahis.com website which was listed as an integral part of the agreement and warned local industry that it would take action against all illegal online gambling sites.
Intriguingly when Bloomberg approached GVC, they were merely referred to Sportingbet where its chief financial officer, Jim Wilkinson, seemingly unconcerned said: “We’re very confident the situation will continue for three more years as it has for the last five.
” Given the consideration paid for the Turkish assets was a minimum GBP 125 million, there seems little concern over the Turkish Authorities actions.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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