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Mandalay Defeted For WPT Acquisition
11/4/09 - Mandalay Media Inc, the Los Angeles media group who's last minute bid to snatch World Poker Tour Enterprises from acquisition by Party Gaming's Peerless Media subsidiary failed this week, appears to have accepted defeat.
Shareholders earlier this week voted to accept the Peerless offer despite Mandalay claims that it's bid was superior.
"We are very disappointed by this decision" said Ray Schaaf, President of Mandalay Media in a statement. "However, we remain interested in pursuing similar opportunities to expand our business and enhance shareholder value in the future."
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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