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If you thought the World Poker Tour acquisition was virtually a done deal for Gamnyia Limited then a rethink may be necessary. Mandatory Securities and Exchange Commission filings by World Poker Tour this week indicate that an alternative acquisition offer has entered the picture.
Details of the new approach have not been disclosed, but it would have to be a signiicant bid to best Gamnyia's $9.05 million and percentage of subsequent revenues proposal agreed on August 3rd, but conditional on the approval of shareholders.
Previous communications from WPT management indicated that 39 percent of shareholders had already agreed to accept the Gamnyia proposal.
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Ontario extended its online gambling deadline -
02/06/2012 : It could be awhile yet before Canada's most populous province, Ontario, joins sisters British Columbia and Quebec in offering online gambling to its residents.
ESTIMATED WORTH OF SPANISH ONLINE GAMBLING MARKET? -
02/06/2012 : Jdigital, the newly launched Spanish Association of Digital Play has estimated that the Spanish online gambling market based on gross gaming revenue in 2011 has increased by 20 percent exceeding Euro 370 Million.
Conister Bank launches the IOM's first e-gaming banking product -
02/06/2012 : The Isle of Man-based Conister Bank has announced the launch of the Island’s first ever e-gaming dedicated banking product, created specifically for the Island’s e-gaming operators, with the approval of the local Gambling and Supervision Commission
Betfair has announced No More South African Gamblers -
02/06/2012 : International online gambling group Betfair has announced that it is to bow to court decisions in South Africa declaring online gambling illegal by cutting off South African online punters from February 14.
Dr. Love slot released to the Apple Store -
02/06/2012 : In an innovative move, NextGen Gaming, which recently merged with the NYX group, has released its popular Dr. Love slot to the Apple Store for mobile players to access direct.
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