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Christopher A. Krafcik Gaming Guru - Page 38Nambling Notes - Feb. 22, 200822 February 2008
Rumor of the day: Market chatter across CNN and the financial wires suggests Sportingbet could be the target of a 70p per share takeover approach as early as next week. Bwin is thought to be a likely candidate after launching a bid approach for Sportingbet last March. Sportingbet and Bwin could not be ... (read more)
Nambling Notes - Feb. 21, 200821 February 2008
California legislators have proposed a study to examine how and whether an intrastate online poker regime would fit in with prohibitory federal legislation. IGN's Emily Swoboda reports.
London-listed William Hill has appointed Ralph Topping, 56, as chief executive with immediate effect, ending an eight-month search. ... (read more)
Parlay M&A: PEIC Withdraws, Two Suitors Remain20 February 2008
One down, two to go.
Parlay Entertainment Chief Executive Scott White confirmed with IGN this morning that Mark Blandford's PEIC Acquisition has withdrawn from the bidding process.
Two anonymous suitors remain, and eGaming Review speculated today that Ladbrokes could be behind one of the bids; however, ... (read more)
Nambling Notes - Feb. 20, 200820 February 2008
Unibet revealed fourth-quarter and full-yearly post-tax profits of £2.3 million and £18.7 million respectively; however, Chief Executive Petter Nylander called the group's performance across 2007 "unsatisfactory." Moreover, Nylander said exceptional charges -- especially those associated with the ... (read more)
Nambling Notes - Feb. 19, 200819 February 2008
Since Feb. 5, shares in 888 have gained nearly 40 percent on the London Stock Exchange. Momentum continued today as shares jumped 7.75p (5.0 percent) to close at 162 -- a 52-week high. Last week, 888 Chief Executive Gigi Levy called the group's fourth-quarter trading update "the best [888] had ever ... (read more)
The Numbers Game19 February 2008
Amid a busy season of fourth-quarter trading updates and full-yearly reports, the quantitative spirit reigns. Share prices rise and fall on fickle investor sentiment; fancy terms like "metrics" and the ubiquitous "EBITDA" (p. eb-it-da) abound; and -- of course -- the invariable deluge of cryptic brokerage ... (read more)
Nambling Notes - Feb. 18, 200818 February 2008
Fluxx AG's U.K.-based subsidiary Jaxx has agreed to acquire more than 17,000 player accounts that belonged to now-defunct BetandGame.com. All customer data, credit and outstanding bets will be transferred to the Jaxx database.
Betinternet owner Webis Holdings posted a first-half pre-tax loss of £380,000 compared to a £93,000 profit during the previous-year period. ... (read more)
AsianLogic Secures Unspecified Stake in Asian Poker Tour16 February 2008
AsianLogic, the Asia-Pacific facing operator with close ties to Playtech, has entered into an agreement with Singapore-based Capital Events to "acquire" the Asian Poker Tour (APT).
AsianLogic did not specify the value of its new shareholding, but did say that under the terms of the deal, Capital Events ... (read more)
Parlay M&A: Three is Company and Two None16 February 2008
Parlay Entertainment said Friday that it had received a third expression of interest in an ongoing bidding battle spanning the better part of a month.
Last month, PEIC Acquisition Corp. offered Parlay an all-share buyout at CDN $0.95 per share. PEIC was later outbid by the second suitor, which offered ... (read more)
Boss: GEMed Takes 50 Percent in 48 Hours14 February 2008
After GEMed raised the stakes Wednesday in its bid to acquire Boss Media, the Swedish supplier's Chief Executive Michael Hallén said this morning that GEMed has acquired roughly 50 percent of Boss' issued share capital -- in the last 48 hours.
"Yesterday morning, GEMed increased its public offer to SEK ... (read more)
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