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.
ZEAL Investments Launches
ZEAL LOTTERY NETWORK TO EXPAND INTO INVESTMENT FINANCING
Online lottery provider launches ZEAL Investments, offering support for start-ups with disruptive concepts.
International online lottery company ZEAL Network SE has announced the formation of a new wing titled ZEAL Investments which will provide financial and other support to interesting start-ups with commercially disruptive ideas in the business.
In a statement this week ZEAL said that its objective is to help unearth new lottery business models and to give existing models a significant competitive edge by employing fresh, imaginative approaches and technology.
The new division is led by lottery entrepreneur James Oakes, following ZEAL Network SE’s acquisition of his company Geonomics in March 2016 .
In a company statement announcing the launch of the new division, Oakes said:
“With only five percent of the $300 billion worldwide lottery market currently played online, this is a huge opportunity for the industry to fully digitize and build more of a presence in the online and mobile spaces.
“There are thousands of fantastic start-ups out there, all with their own unique ideas, some of which could really move the industry forward. ZEAL Investments has been set up to help these entrepreneurial companies achieve their goals” he added.
If the name James Oakes sounds familiar, cast your mind back to 2011 when James and brother Henry - then 20-somethings - persuaded the Atlantic Lottery Corporation in Canada to invest Cdn$8.7 million with their London map-based lottery company, then titled Roberus, with the goal of attracting a younger demographic to ALC through this new-style lottery.
The investment was financed with an ALC bank loan guaranteed by the Canadian provincial governments of New Brunswick and Prince Edward Island despite the fact that the map-based concept had not been successful in the UK the previous year and the project was headed by the 20-something Henry - a business novice.
Nova Scotia and Newfoundland and Labrador declined to invest.
Henry Oakes told The Guardian newspaper in 2010 that he came up with the online map based lottery concept in 2008 as an 18-year-old "struggling student dreaming of making it big."
ALC launched the game as Geosweep in Canada in 2012, investing in a Cdn$ 2 million promotional budget, but the venture failed to fly and was abandoned a year later, triggering political opposition cries for the heads of those involved.
Nevertheless, the ALC retained an 8 percent in the Oakess company, Geonomics Global Games, which was planning a re-launch of the lottery in the UK.
The re-launch did not work either and in mid-2015 there were political calls in New Brunswick for a full investigation into the losses the province had incurred in the project.
Shortly thereafter the ALC announced that it was writing off its Cdn$8.7 million investment in Geonomics, including around a half million dollars in interest charges.
ALCs chief financial officer, Patrick Daigle, insisted the 2011 investment decision underwent rigorous scrutiny and deliberation.
ZEAL Network SE acquired Geonomics in March 2016, and the statement announcing the formation of ZEAL Investments this week claims:
"Together, they (the Oakes brothers) launched Geonomics and in so doing created an entirely new class of lottery draw game, went through four funding rounds, secured numerous industry partnerships, and reached a valuation of £50m – before an eventual exit to ZEAL Network SE."
However, earlier this year ZEAL (formerly MyLotto24) announced that it would write down its venture investment in Geonomics Ltd.
In a market update, ZEAL said it had reviewed Geonomics growth viability and concluded that it could no longer support its investment in the business.
ZEAL’s write down meant a non-cash impairment charge of circa Euro 19 million for its fiscal 2015 corporate income statement.
Gambling News :
ACR $15 Million OSS Cub3d -
Americas CardRoom immensely popular OSS Cub3d returns February 25th and it's bigger than ever. U.S. Online Poker players will have a chance to compete for $15 Million in guaranteed prize pools.
AIGF and Betradar formalised their relationship -
At this yearís ICE Total Gaming, the All India Gaming Federation (AIGF) and Betradar formalised their relationship, committing to understand, explore opportunities and network across India around sports betting and gaming.
EHF and Sportradar Extend Partnership -
The EHF is responsible for a wide range of activities including the promotion and development of the sport, education programmes, player transfers and the organisation of high-profile sports competitions and events including the EHF EURO and the EHF Champions League.
Swisslos and Betradar in Deal -
Swisslos offers lotteries, sport bets and instant tickets in the entire territory of German-speaking Switzerland, in Ticino and in the Principality of Liechtenstein. It structures its range of games in an attractive and responsible manner. Swisslos transfers it entire net profit to the mandating cantons and the Principality of Liechtenstein to support public causes.
Americas Cardroom offering mouth-watering value -
It's not every day that an industry-leading poker site offers its customers an opportunity to put the house's money directly into their own pockets, but that's exactly whatís happening at Americas Cardroom.
Coolbet Joins Mpn -
Coolbet, owned by the Estonian company StayCool OU, is a sportsbook driven brand with its own developed platform and sports software. In addition to sports, it offers casino and live casino gaming, and as of this week, poker.
RMG AND SIS EXTEND PARTNERSHIP -
RMG manages the rights of many of the leading British racecourses, while SIS holds the horseracing rights to all Irish racecourses, plus Chelmsford City Racecourse in the UK.
Novomatic and Betradar in Deal -
With ICE just a few days away, NOVOMATIC has announced a partnership with leading sports betting solutions provider Sportradar to develop an innovative line of sports betting products and services.
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.