NOVOMATIC to Support Independent Seat of Ainsworth Game Technology Board

NOVOMATIC to Support Independent Seat of Ainsworth Game Technology Board

Austrian maker of gear for the international gambling industry and provider of related solutions NOVOMATIC AG said in a recent filing towards the Australian Securities Exchange that if it completes the proposed takeover of fellow provider and maker Ainsworth Game Technology Ltd., it might back the instant visit of an separate person to the post of seat of the second business’s board.

In addition, the Austrian gaming giant would be sure that the Ainsworth Game Technology board would continue having a directors that are independent.

NOVOMATIC first announced plans to get the gaming that is australian-listed on February 23. The Austrian holding said that it could buy a 53% stake in Ainsworth Game tech from the latter’s Chairman and founder Len Ainsworth.

Early in the day this month, the company that is australian in a filing to your ASX that a shareholders meeting was in fact postponed for up to a month. The meeting was scheduled become held on June 3 and during it, investors were to vote regarding the proposed transaction.

The conference had been delayed due to ongoing discussions on whether shareholding interests pertaining to Mr. Ainsworth family members should vote en bloc, perhaps to the detriment for the remaining portion of the business’s investors.

In accordance with a Friday filing from Ainsworth Game Technology to the ASX about the possible takeover, NOVOMATIC has stated that upon the transaction’s conclusion, if such completion does occur, an unbiased person will be appointed as Chair associated with company that is australian. What’s more, the board will be represented with a majority of independent directors before the final end of 2018 or until NOVOMATIC and associates get a lot more than 75% in Ainsworth Game Technology.

But, it absolutely was pointed out into the filing that if third events go to gain control over the video gaming technology business or ‘any unforeseen circumstance’ pertaining to its operations happen, the above-mentioned pledge would no longer apply.

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

888poker Partners Super High Roller Bowl and Poker Central for Branding Exposure

Internet poker room 888poker has established another essential partnership contract. The popular brand has partnered because of the Super tall Roller Bowl and poker television network Poker Central to secure visibility through the 2nd edition associated with the major roller tournament that is high.

The Super tall Roller Bowl kicked off May 29 at ARIA Resort & Casino in Las Vegas. And beneath the terms of 888poker’s latest contract, the internet poker brand would receive a branding exposure all over the event and during the in-show Poker Central broadcasts.

The Super tall Roller Bowl will run from might 29 to June 1. Up to 49 entries have paid the $300,000 buy-in in order to enter the function also to contend for the guaranteed in full first-place prize of $5 million. In addition to the award cash, the top champion may also be awarded the unique Super tall Roller Bowl champ band, hand-crafted exclusively for the roller tournament that is high.

The 888poker branding visibility is likewise secured by German poker expert Dominik Nitsche, who’s considered to be one of the poker room’s ambassadors. Kara Scott, who has accompanied the cluster of popular personalities become promoting the brand name just lately, will host the Super High Roller Bowl. The event will be televised over the CBS Sports and Poker Central systems. Fans may also be in a position to watch it live on Twitch.

This is simply not the initial crucial contract 888poker has signed recently. Last month, it became clear that the poker brand is becoming the official sponsor for the 47th Annual WSOP, because of the world’s most prestigious poker series set to start up tomorrow, May 31. Beneath the regards to the contract, 888poker would be given a broad exposure on the state internet site associated with the WSOP and around its live reporting section, focused on the upcoming poker festival, to be more exact.

The 888poker logo is currently visible to website visitors that are based outside of the United States. The ESPN coverage associated with WSOP $10,000 Main Event would additionally feature the 888poker brand. Within the agreement, the web poker space went lots of satellite events that offered players the opportunity to qualify for different occasions regarding the event’s routine.