NOVOMATIC to guide Independent Seat of Ainsworth Game Tech Board
Austrian manufacturer of gear for the international 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 be sure that the Ainsworth Game tech board would continue having a separate directors majority.
NOVOMATIC first announced intends to find the gaming that is australian-listed on February 23. The Austrian holding said that it might obtain a 53% stake in Ainsworth Game Technology from the latter’s Chairman and founder Len Ainsworth.
Earlier this month, the company that is australian in a filing towards the ASX that a investors meeting was indeed postponed for up to a month. The conference was scheduled become held on June 3 and during it, shareholders had been to vote in the proposed transaction.
The meeting was delayed because of ongoing discussions on whether shareholding interests regarding Mr. Ainsworth family should vote en bloc, perhaps to the detriment of the remaining portion of the business’s investors.
In accordance with a Friday filing from Ainsworth Game tech to the ASX about the potential takeover, NOVOMATIC has said that upon the transaction’s completion, if such conclusion happens, an independent person is appointed as seat associated with the company that is australian. What is more, the board could be represented by a most of independent directors before the final end of 2018 or until NOVOMATIC and associates get more than 75% in Ainsworth Game Technology.
Nonetheless, it was stated in the filing that if third events go to gain control over the video gaming technology business or ‘any unforeseen circumstance’ related to its operations occur, the above-mentioned pledge would no longer apply.
With core operations in Europe, NOVOMATIC happens to be seeking to expanding its presence in other markets aswell. This past year, the company reported revenue that is full-year of billion and EBIT of €374 million. It currently has company tasks in 80 nations around the globe and employs significantly more than 24,000 people.
888poker Partners Super tall Roller Bowl and Poker Central for Branding visibility
Online poker room 888poker has announced another partnership agreement that is important. The popular brand name has partnered with all the Super tall Roller Bowl and poker TV community Poker Central to secure visibility throughout the second version associated with the major high roller competition.
The Super High Roller Bowl kicked down May 29 at ARIA Resort & Casino in vegas. And under the terms of 888poker’s agreement that is latest, the internet poker brand would get a branding publicity all around the event and during the in-show Poker Central broadcasts.
The Super High Roller Bowl will run from May 29 to 1 june. Up to 49 entries have paid the $300,000 buy-in in order to enter the big event also to contend for the assured prize that is first-place of5 million. Independent of the prize money, the top winner will also be granted the unique Super tall Roller Bowl champion ring, hand-crafted solely for the roller tournament that is high.
The 888poker branding publicity will also be secured by German poker Dominik that is professional Nitsche that is considered to be among the poker room’s ambassadors. Kara Scott, who may have joined the group of popular personalities to be marketing the brand recently, will host the Super tall Roller Bowl. The big event will be televised over the CBS Sports and Poker Central systems. Fans is likewise able to view it live on Twitch.
This isn’t 1st agreement that is important has finalized recently. Last thirty days, it became clear that the poker brand became the sponsor that is official the 47th Annual WSOP, using the planet’s most prestigious poker series set to kick off tomorrow, May 31. Beneath the terms of the agreement, 888poker would be given a exposure that is broad the official web site associated with WSOP and around its live reporting area, focused on the future poker festival, become more exact.
The 888poker logo design has become visible to guests that are based outside of the United States. The ESPN protection associated with the WSOP $10,000 Main Event would also feature the brand that is 888poker. Within the agreement, the web poker space went lots of satellite events that gave players the opportunity to be eligible for a different occasions on the event’s schedule.