NOVOMATIC to aid Independent Chair of Ainsworth Game Technology Board

NOVOMATIC to aid Independent Chair of Ainsworth Game Technology Board

Austrian manufacturer of gear for the worldwide gambling industry and provider of related solutions NOVOMATIC AG stated in a recent filing to 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 make sure that the Ainsworth Game tech board would carry on having a directors that are independent.

NOVOMATIC first announced intends to acquire the Australian-listed video gaming business on February 23. The Austrian holding stated that it might buy a 53% stake in Ainsworth Game tech through the latter’s Chairman and creator Len Ainsworth.

Early in the day this thirty days, the Australian business said in a filing towards the ASX that a shareholders meeting was postponed for approximately 30 days. The conference was scheduled become held on June 3 and during it, shareholders had been to vote in the proposed transaction.

The meeting had been delayed as a result of ongoing talks on whether shareholding interests associated with Mr. Ainsworth family members should vote en bloc, possibly towards the detriment of the rest of the organization’s investors.

In accordance with a Friday filing from Ainsworth Game Technology to the ASX concerning the possible takeover, NOVOMATIC has said that upon the deal’s conclusion, if such conclusion happens, an independent individual would be appointed as Chair associated with the Australian business. What is more, the board could be represented by way of a majority of separate directors before the end of 2018 or until NOVOMATIC and associates get significantly more than 75% in Ainsworth Game tech.

Nevertheless, it absolutely was pointed out into the filing that if third parties check out gain control of the gaming technology business or ‘any unforeseen circumstance’ pertaining to its operations occur, the above-mentioned pledge would not any longer apply.

With core operations in European countries, NOVOMATIC is looking to expanding its presence in other markets aswell. Last year, the company reported revenue that is full-year of billion and EBIT of €374 million. It currently has company activities in 80 countries across the world and employs significantly more than 24,000 people.

888poker Partners Super tall Roller Bowl and Poker Central for Branding visibility

Internet poker room 888poker has announced another partnership agreement that is important. The most popular brand name has partnered aided by the Super tall Roller Bowl and poker television system Poker Central to secure visibility throughout the second version associated with major high roller competition.

The Super High Roller Bowl kicked off May 29 at ARIA Resort & Casino in vegas. And beneath the terms of 888poker’s agreement that is latest, the internet poker brand name would get a branding exposure all over the occasion and through the in-show Poker Central broadcasts.

The Super tall Roller Bowl will run from might 29 to June 1. As much as 49 entries have actually compensated the $300,000 buy-in in order to enter the function and also to contend for the guaranteed prize that is first-place of5 million. In addition to the award cash, the big champion may also be awarded the special Super High Roller Bowl champ band, hand-crafted exclusively for the roller tournament that is high.

The 888poker branding publicity may also be secured by German poker expert Dominik Nitsche, who is considered to be among the list of poker space’s ambassadors. Kara Scott, that has accompanied the group of popular personalities become advertising the brand name just recently, will host the Super tall Roller Bowl. The big event will be televised over the CBS Sports and Poker Central sites. Fans is likewise in a position to watch it live on Twitch.

This is simply not the first agreement that is important has finalized recently. Last month, it became clear that the poker brand has become the sponsor that is official the 47th Annual WSOP, with all the earth’s many prestigious poker series set to start up the next day, May 31. Beneath the regards to the contract, 888poker would be given a broad exposure on the official website of the WSOP and around its real time reporting area, dedicated to the future poker festival, become more exact.

The 888poker logo is currently visible to readers that are based outside the US. The ESPN protection of the WSOP $10,000 Main Event would additionally feature the brand that is 888poker. The online poker room ran a number of satellite events that gave players the opportunity to qualify for various events on the festival’s schedule as part of the agreement.


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