NOVOMATIC to Support Independent Chair of Ainsworth Game Technology Board
Austrian maker of equipment for the international gambling industry and provider of related solutions NOVOMATIC AG said in a recently available 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 ensure that the Ainsworth Game tech board would continue having a separate directors majority.
NOVOMATIC first announced plans to get the gaming that is australian-listed on February 23. The Austrian holding said that it might purchase a 53% stake in Ainsworth Game Technology from the latter’s Chairman and founder Len Ainsworth.
Previously this month, the company that is australian in a filing to your ASX that a shareholders meeting had been postponed for approximately a month. The conference had been planned to be held on June 3 and during it, investors had been to vote regarding the proposed transaction.
The meeting had been delayed due to discussions that are ongoing whether shareholding passions associated with Mr. Ainsworth household should vote en bloc, perhaps towards the detriment associated with the rest of the business’s shareholders.
Based on a Friday filing from Ainsworth Game tech towards the ASX regarding the prospective takeover, NOVOMATIC has stated that upon the deal’s completion, if such completion happens, an independent individual will be appointed as Chair regarding the Australian company. What is more, the board could be represented by a most of independent directors until the final end of 2018 or until NOVOMATIC and associates acquire a lot more than 75% in Ainsworth Game tech.
Nevertheless, it absolutely was stated into the filing that when third parties check out gain control of the video gaming technology company or ‘any unforeseen circumstance’ pertaining to its operations occur, the above-mentioned pledge would no further use.
With core operations in European countries, NOVOMATIC is seeking to expanding its presence in other markets too. This past year, the company reported full-year revenue of €3.9 billion and EBIT of €374 million. It currently has business activities in 80 countries across the global globe and employs a lot more than 24,000 individuals.
888poker Partners Super High Roller Bowl and Poker Central for Branding publicity
On-line poker space 888poker has announced another important partnership contract. The popular brand has partnered aided by the Super tall Roller Bowl and poker television community Poker Central to secure visibility through the 2nd edition of the major roller tournament that is high.
The Super tall Roller Bowl kicked down on May 29 at ARIA Resort & Casino in Las vegas, nevada. And underneath the terms of 888poker’s latest contract, the web poker brand would receive a branding publicity all around the occasion and during the in-show Poker Central broadcasts.
The Super High Roller Bowl will run from might 29 to June 1. As many as 49 entries have paid the $300,000 buy-in in order to enter the big event and to contend for the fully guaranteed prize that is first-place of5 million. Independent of the award money, the top champion may also be awarded the unique Super High Roller Bowl champ band, hand-crafted solely for the roller tournament that is high.
The 888poker branding publicity may also be secured by German poker expert Dominik Nitsche, who is known to be among the poker room’s ambassadors. Kara Scott, who may have accompanied the group of popular personalities become advertising the brand just recently, will host the Super tall Roller Bowl. The big event will be televised throughout the CBS Sports and Poker Central sites. Fans is likewise able to view it live on Twitch.
It is not the very first crucial agreement 888poker has signed recently. Last month, it became clear that the poker brand name has become the sponsor that is official the 47th Annual WSOP, using the earth’s most prestigious poker series set to kick off tomorrow, might 31. Underneath the regards to the contract, 888poker would get a exposure that is broad the official web site for the WSOP and around its real time reporting area, focused on the future poker festival, to be more exact.
The 888poker logo design is now visible to guests that are based outside of the US. The ESPN coverage associated with WSOP $10,000 Main Event would additionally feature the 888poker brand name. Within the agreement, the online poker space went lots of satellite events that offered players the chance to be eligible for different activities regarding the festival’s schedule.