Monthly Archives: July 2016

Asian regional gaming operator Silver Heritage Group Limited launches AUD$25 million IPO

Opportunity for Australian investors to capitalise on untapped Indian gaming demand

Highlights:

– Silver Heritage Group launches IPO Prospectus to raise AUD$25 million, ahead of proposed ASX listing,

– Company operates and manages casinos in Nepal and Vietnam and manages electronic gaming operations in casinos in Laos and Cambodia,

Asian regional gaming operator Silver Heritage Group Limited launches AUD$25 million IPO

Opportunity for Australian investors to capitalise on untapped Indian gaming demand

Highlights:

– Silver Heritage Group launches IPO Prospectus to raise AUD$25 million, ahead of proposed ASX listing,

– Company operates and manages casinos in Nepal and Vietnam and manages electronic gaming operations in casinos in Laos and Cambodia,

3-Barrels: Carl ‘Foggy’ Fogarty & James Dempsey Take GPPT Brighton Honours; Player Poll Shows HUDs Not Welcome in Online Cash Games

3-barrels of pure value of a partypoker flavour including Carl ‘Foggy’ Fogarty winning the Big Bluff Challenge at the Grand Prix Poker Tour in Brighton, hometown boy James Dempsey winning the Main Event, and 2,545 players taking part in a vote on HUD use at partypoker.

Can anyone play poker?

Of course, you can, and to prove it, partypoker chose four celebrities who had never played the game before and set about training them to compete in a Sit n Go with the opportunity to win money for charity.

The four celebrities were the former model and presenter Melinda Messenger, actress Jorgie Porter, pro footballer Adebayo ‘The Beast’ Akinfenwa, and 7-time world superbike champion Carl ‘Foggy’ Fogarty.

Matchbook Becomes Next British Horseracing Authorised Betting Partner

London, July 26 –  Matchbook is proud to become British horse racing’s next Authorised Betting Partner, the betting exchange’s third Horse Racing announcement in recent weeks.

Following the news that Matchbook are to be the official betting partners for the first three days (Tuesday 26 to Thursday 28 July) of the Qatar Goodwood Festival, this announcement cements the firm’s desire to lead the way with its horseracing product.

Matchbook’s CEO Mark Brosnan commented, “It’s important to us, and our customers, that every Horse Racing bet with Matchbook contributes to the future growth of British Horse Racing. Launching our Horse Racing product as an Authorized Betting Partner is just one of the ways we can demonstrate our commitment to the sport. And as the fresh new face on the horse racing betting circuit, we aim to impress upon bettors and partners alike that Matchbook is different. As an exchange, we win when our customers win, which is why we provide the tools bettors’ need to make smarter informed bets. When our customers win, we win and now British Horse Racing will win too!”

Alex Eade, General Manager of Goodwood Racecourse, said; “We are delighted by the decision of Matchbook to sign up to become an Authorised Betting Partner in support of British racing. It demonstrates their commitment to the sport and willingness to ensure bookmakers give racing a fair deal. As our bookmaking partner for the first three days of the Qatar Goodwood Festival, we are very excited about this development and look forward to working with them in the future.”

Matchbook Becomes Next British Horseracing Authorised Betting Partner

London, July 26 –  Matchbook is proud to become British horse racing’s next Authorised Betting Partner, the betting exchange’s third Horse Racing announcement in recent weeks.

Following the news that Matchbook are to be the official betting partners for the first three days (Tuesday 26 to Thursday 28 July) of the Qatar Goodwood Festival, this announcement cements the firm’s desire to lead the way with its horseracing product.

Matchbook’s CEO Mark Brosnan commented, “It’s important to us, and our customers, that every Horse Racing bet with Matchbook contributes to the future growth of British Horse Racing. Launching our Horse Racing product as an Authorized Betting Partner is just one of the ways we can demonstrate our commitment to the sport. And as the fresh new face on the horse racing betting circuit, we aim to impress upon bettors and partners alike that Matchbook is different. As an exchange, we win when our customers win, which is why we provide the tools bettors’ need to make smarter informed bets. When our customers win, we win and now British Horse Racing will win too!”

Alex Eade, General Manager of Goodwood Racecourse, said; “We are delighted by the decision of Matchbook to sign up to become an Authorised Betting Partner in support of British racing. It demonstrates their commitment to the sport and willingness to ensure bookmakers give racing a fair deal. As our bookmaking partner for the first three days of the Qatar Goodwood Festival, we are very excited about this development and look forward to working with them in the future.”

Matchbook Becomes Next British Horseracing Authorised Betting Partner

London, July 26 –  Matchbook is proud to become British horse racing’s next Authorised Betting Partner, the betting exchange’s third Horse Racing announcement in recent weeks.

Following the news that Matchbook are to be the official betting partners for the first three days (Tuesday 26 to Thursday 28 July) of the Qatar Goodwood Festival, this announcement cements the firm’s desire to lead the way with its horseracing product.

Matchbook’s CEO Mark Brosnan commented, “It’s important to us, and our customers, that every Horse Racing bet with Matchbook contributes to the future growth of British Horse Racing. Launching our Horse Racing product as an Authorized Betting Partner is just one of the ways we can demonstrate our commitment to the sport. And as the fresh new face on the horse racing betting circuit, we aim to impress upon bettors and partners alike that Matchbook is different. As an exchange, we win when our customers win, which is why we provide the tools bettors’ need to make smarter informed bets. When our customers win, we win and now British Horse Racing will win too!”

Alex Eade, General Manager of Goodwood Racecourse, said; “We are delighted by the decision of Matchbook to sign up to become an Authorised Betting Partner in support of British racing. It demonstrates their commitment to the sport and willingness to ensure bookmakers give racing a fair deal. As our bookmaking partner for the first three days of the Qatar Goodwood Festival, we are very excited about this development and look forward to working with them in the future.”

The All India Gaming Federation Want The State of Kerala to Acknowledge that Poker is a Game of Skill

Representatives of the All India Gaming Federation are pushing for the State of Kerala to accept that games like poker, bridge, and fantasy sports are games of skill in a bid to boost tourism.

When Portugal beat France to win the UEFA European Championships, it was a reminder that luck and not only skill plays a major factor in sports dripping in the silky stuff.

It baffles me that there are still so many countries in the world who are loathed to believe that poker is a game of skill, and one of these countries is India. With a population of 1.129 billion people, you don’t have to be the grey haired geezer from Back to the Future to understand gambling could be a money spinner, and everyone would benefit.

India is governed by a central law that prohibits gambling on games of chance called The Public Gaming Act 1867. If ever a law needed the touch of a feather duster, one born in 1867 passes the bar. Despite the central law, some states do allow gambling after The Supreme Court acknowledged that activities such as rummy and horse racing are skill based pastimes.

The All India Gaming Federation Want The State of Kerala to Acknowledge that Poker is a Game of Skill

Representatives of the All India Gaming Federation are pushing for the State of Kerala to accept that games like poker, bridge, and fantasy sports are games of skill in a bid to boost tourism.

When Portugal beat France to win the UEFA European Championships, it was a reminder that luck and not only skill plays a major factor in sports dripping in the silky stuff.

It baffles me that there are still so many countries in the world who are loathed to believe that poker is a game of skill, and one of these countries is India. With a population of 1.129 billion people, you don’t have to be the grey haired geezer from Back to the Future to understand gambling could be a money spinner, and everyone would benefit.

India is governed by a central law that prohibits gambling on games of chance called The Public Gaming Act 1867. If ever a law needed the touch of a feather duster, one born in 1867 passes the bar. Despite the central law, some states do allow gambling after The Supreme Court acknowledged that activities such as rummy and horse racing are skill based pastimes.

888 Holdings and Rank Group Look to Snag Bookmaking Giant William Hill

888 Holdings has teamed up with the Rank Group to launch a surprise bid for bookmaking giant William Hill. The two companies have chosen to strike while the iron is hot; William Hill has been left vulnerable after the ousting of its CEO, James Henderson by the board last week, apparently for his failure to improve […]

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Intertain plan UK move after failing to receive suitable acquisition offer

Canadian online gambling operator Intertain Group says it will proceed with plans for a UK stock exchange listing after failing to receive any satisfactory offers to purchase the company.

On Tuesday, Intertain announced that it planned to implement its ‘UK Strategic Initiatives,’ including establishing a new London-headquartered UK corporation that would pursue a listing on the main market of the London Stock Exchange.

Intertain said it had decided to pursue the UK strategy after its strategic review process resulted in the company receiving “preliminary and refined proposals from highly-credible strategic parties” looking to acquire Intertain outright. Intertain said it also received offers to acquire “material business units” of the company.

However, while Intertain said it had held talks with the various parties submitting these offers, “no definitive proposals” had been received. As a result, Intertain’s board said “continuing to operate as a standalone business” under its new UK-based management team “offers a significant opportunity to maximize the potential long-term value” of the company.

Intertain plan UK move after failing to receive suitable acquisition offer

Canadian online gambling operator Intertain Group says it will proceed with plans for a UK stock exchange listing after failing to receive any satisfactory offers to purchase the company.

On Tuesday, Intertain announced that it planned to implement its ‘UK Strategic Initiatives,’ including establishing a new London-headquartered UK corporation that would pursue a listing on the main market of the London Stock Exchange.

Intertain said it had decided to pursue the UK strategy after its strategic review process resulted in the company receiving “preliminary and refined proposals from highly-credible strategic parties” looking to acquire Intertain outright. Intertain said it also received offers to acquire “material business units” of the company.

However, while Intertain said it had held talks with the various parties submitting these offers, “no definitive proposals” had been received. As a result, Intertain’s board said “continuing to operate as a standalone business” under its new UK-based management team “offers a significant opportunity to maximize the potential long-term value” of the company.