No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
12/1/09 - The Boardroom celebrations on the agreement by US horseracing company Churchill Downs to buy the online race gambling company Youbet.com could be premature, according to reports in the Los Angeles Business Journal this week.
The publication reveals that at least five separate shareholders of YouBet have filed lawsuits in Los Angeles Superior Court alleging that Churchill Downs is underpaying for their company.
Two weeks ago Churchill Downs announced it had agreen to acquire YouBet for $127 million in stock and cash, or about $2.84 a share. The offer was probably based on theYoubet share price immediately prior to the announcement, which had sunk to $2.22 a share.
However, the litigants claim that Youbet’s stock was trading earlier in the year - in August - at more than $3.70, and that at least one analyst has projected it could hit $4 a share, indicating that Youbet directors could have achieved a substantially better deal. The plaintiffs are therefore seeking an unspecified amount of damages and a possible halt to the merger.
The plaintiffs, all individual shareholders of Youbet, are identified as Wayne Witkowski, George Bullmore, Peter McManus, Charles Seeger and Zahava Rosenfeld, and the actions claim that Youbet executives did not uphold their fiduciary duty to shareholders because they entered an agreement that undervalued the company.
Mark Argento, an analyst at Craig Hallum Capital Group LLC in Minneapolis who covers Youbet, told the Journal that Churchill Downs wasn’t likely to raise its offer because of the stock involved in the deal: If Churchill Downs offers more stock, the deal could become subject to approval by Churchill Downs shareholders. And they might be reluctant to grant an OK because putting more shares into the deal could dilute the company’s stock.
“Was the price too low? We would have liked to see them get more,” Argento said. “But Churchill Downs wanted to keep the dilution of its stock down, and that capped its ability to offer more.”
Churchill Downs could skirt the dilution issue by offering more cash. But that’s unlikely because the company had only about $16.6 million in cash and cash equivalents on hand at the end of the previous quarter.
The merger has been approved by the boards of both Youbet and Churchill Downs, and is awaiting approval of Youbet shareholders and federal regulators.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.