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TWL SELLS DEVILFISH POKER
TWL SELLS DEVILFISH POKER
For a GBP 1 consideration
In a trading statement released Monday, The Weather Lottery Plc (TWL) reported a 10 percent decline in sales for the year to July 31 2013 despite a positive contribution for all its subsidiaries, with the exception of Devil Fish Poker Limited.
The group revealed it is in the process of overhauling its lottery division's systems and software which will see the launch of a new website at theweatherlottery.com through which players will be able to play online.
TWL said its Lottery and Gaming&Payment Software divisions will be the focus of the Group moving forward and as such is reviewing the viability of its The Soccerdome Limited subsidiary where the Board will consider either an outright sale or a joint venture.
Due to further falls in activity levels of its Devil Fish Poker Limited subsidiary, TWL has agreed the sale of the subsidiary to Jeff Williams, the former managing director of TWL's Online Gambling subsidiaries for a nominal consideration of GBP 1 in return for the immediate termination of Williams' consultancy agreement.
TWL acquired Devilfish Poker Limited towards the end of 2010 for a GBP 40 000 cash and GBP 290 000 in shares consideration from Devilfish Gaming Plc .
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.
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