NOVOMATIC to Support Independent Chair of Ainsworth Game Technology Board
Austrian maker of equipment for the worldwide gambling industry and provider of related solutions NOVOMATIC AG stated in a recent filing towards the Australian Securities Exchange that it would back the immediate appointment of an independent individual to the post of Chair of the latter company’s board if it completes the proposed takeover of fellow provider and manufacturer Ainsworth Game Technology Ltd.
In addition, the Austrian gaming giant would be sure that the Ainsworth Game Technology board would keep on having a directors that are independent.
NOVOMATIC first announced intends to acquire the gaming that is australian-listed on February 23. The Austrian holding stated that it might buy 53% stake in Ainsworth Game tech through the latter’s Chairman and founder Len Ainsworth.
Previously this thirty days, the Australian business stated in a filing to the ASX that a investors meeting was indeed postponed for approximately 30 days. The conference had been scheduled become held on June 3 and during it, shareholders had been to vote in the proposed transaction.
The meeting ended up being delayed due to ongoing conversations on whether shareholding passions related to Mr. Ainsworth household should vote en bloc, perhaps towards the detriment associated with the remaining portion of the organization’s investors.
Based on a Friday filing from Ainsworth Game Technology towards the ASX regarding the potential takeover, NOVOMATIC has said that upon the deal’s completion, if such conclusion does occur, a completely independent individual would be appointed as Chair for the Australian business. What’s more, the board would be represented with a majority of independent directors until the final end of 2018 or until NOVOMATIC and associates get significantly more than 75% in Ainsworth Game tech.
Nevertheless, it was revealed into the filing that if third events proceed to gain control over the video gaming technology business or ‘any unforeseen circumstance’ pertaining to its operations occur, the pledge that is above-mentioned no further use.
With core operations in Europe, NOVOMATIC has been trying to expanding its presence in other markets as well. Last year, the company reported revenue that is full-year of billion and EBIT of €374 million. It presently has business activities in 80 countries round the global world and employs more than 24,000 individuals.
888poker Partners Super High Roller Bowl and Poker Central for Branding publicity
Online poker space 888poker has announced another partnership agreement that is important. The most popular brand has partnered utilizing the Super tall Roller Bowl and poker television community Poker Central to secure publicity throughout the 2nd version associated with major roller tournament that is high.
The Super High Roller Bowl kicked off May 29 at ARIA Resort & Casino in Las Vegas. And underneath the terms of 888poker’s agreement that is latest, the web poker brand name would get a branding exposure all around the occasion and during the in-show Poker Central broadcasts.
The Super High Roller Bowl will run from might 29 to 1 june. As many as 49 entries have paid the $300,000 buy-in in order to enter the function and also to contend for the fully guaranteed prize that is first-place of5 million. Independent of the prize cash, the big winner may also be granted the unique Super High Roller Bowl champion ring, hand-crafted solely for the high roller tournament.
The 888poker branding publicity will also be secured by German poker Dominik that is professional Nitsche that is known to be among the list of poker room’s ambassadors. Kara Scott, who’s accompanied the cluster of popular personalities to be promoting the brand just recently, will host the Super High Roller Bowl. The function shall be televised throughout the CBS Sports and Poker Central companies. Fans may also be in a position to view it live on Twitch.
This isn’t initial essential agreement 888poker has signed recently. Final thirty days, it became clear that the poker brand became the official sponsor for the 47th Annual WSOP, using the world’s most prestigious poker series set to start up tomorrow, May 31. Beneath the regards to the contract, 888poker would receive a exposure that is broad the state site for the WSOP and around its live reporting area, focused on the future poker festival, to be more accurate.
The 888poker logo has become visible to readers that are based outside the US. The ESPN protection associated with the WSOP $10,000 Main Event would additionally feature the brand that is 888poker. As part of the agreement, the web poker space went lots of satellite events that gave players the opportunity to be eligible for a different events in the festival’s schedule.