HOME NEWS LIVE ODDS SITEMAP
 
 

HOME

NEWS

LIVE ODDS

SITEMAP

LINKS

CALENDAR

My Sports Betting

December 8th General news ... My Sports Betting at mysports-betting.com

FULL TILT PRO'S NEXT IN LINE FOR REMISSIONS (Update)
2014-08-06

According to The Garden City Group (GCG), claims administrator of the forfeited funds in the United States v. PokerStars, et al. 11 Civ. 2564 case, players designated by Full Tilt Poker as professionals, excluding Team Full Tilt Players, are next in line to recover a portion of their account balance.

GCG said professional players may submit a petition for remission to recover a portion of their account balance that is not attributable to compensation provided by FTP or Affiliate revenue.

To date, almost $100 million in claims have been returned to Full Tilt US players since the beginning of this year, the last of which was in June 2014 (see previous InfoPowa reports).

Professional players have until September 3, 2014 to submit their petitions.




BOYLESPORTS GETS INTO FINANCIAL BETTING
2014-07-07

Irish online and land betting Bicimotos group BoyleSports has integrated financial betting widgets from Tradologic into a new website following a technology agreement between the two companies.
Boylesports CEO John Boyle said this week: "With the stable, innovative technology Tradologic offer us, we will be able to provide our players with products that absolutely meet their needs and deliver a unique gaming experience. Having this reliable technology will increase our customers' satisfaction and loyalty".
Tradologic founder and CEO Ilan Tzorya said that his company's technology will enable Boylesports to diversify their offering and expand to new financial betting markets.


BWIN APPOINT SPRINGOWL NOMINEE AS NON-EXEC DIRECTOR (Update)
2014-06-11

bwin.party's board of directors have appointed Daniel Silvers as a non-executive director of the board with immediate effect.

Silvers (37) is president of SpringOwl Asset Management LLC (formerly Ader Investment Management LLC) who acquired 6.1 percent of bwin.party's issued share capital from Emerald Bay Limited and Stinson Ridge earlier this year (see previous InfoPowa reports).



NEW POLICE CHIEF DETERMINED TO STAMP OUT ONLINE GAMBLING
2014-02-26

New Year police raids on online gambling operators in the Sarawak province of Malaysia (see previous InfoPowa reports) are probably the work of a new police chief on the scene...and he is determined to put an end to online gambling on his patch before the end of 2014.
The Star newspaper reports that new district police chief ACP Mohd Kamal Kordi has briefed political leaders on his strategy for hammering illegal online gambling operators, saying:
We will work closely with the local authority to seal up these centres. We will also work with the electricity provider to cut supply to such centres so that they will not be able to operate.
ACP Kamal explained that it was his duty to put illegal operators permanently out of business.
I have been here for just two weeks and during this period we have already conducted raids in Delta Estate and Sibu Jaya," he said. "As I am still new here, give me time to hapus (wipe out) these centres. We will concentrate first on unlicensed centres and will carry out raids to reduce the number by end of the year.
The new police commander said last year a total of 596 raids were conducted and 245 computers were seized in the province.
Not all raids last year were successful. Before conducting any raid, we need to have the correct information, ACP Kamal said, adding that the identity of informants would be protected.
In related news, police in Malaysia's smallest province, Perlis, report that operations against online gambling operators have been conducted by police officers in Kangar, the state capital.
In a New Year's Eve operation, a police raiding party busted an online gambling syndicate and arrested seven men in the Simpang Ampat area.
Kangar police deputy chief Deputy Superintendent Ismail Che Isa said the suspects were caught red-handed processing bets during an 11.30pm raid at a premises behind a restaurant, in which police seized six laptops and other evidence.


GTECH IN GBP 18 MILLION BID FOR PROBABILITY
2014-02-18

GTECH UK Interactive Limited has agreed a deal with mobile gambling specialist Probability Plc's board of Directors on a recommended cash acquisition price of around GBP 18 Million.
The deal will be fulfilled under a Court sanctioned scheme of arrangement that will entitle scheme shareholders to 50 pence in cash for each Probability Share held at the Scheme Record Time.
GTECH UK have agreed a premium price paying 58.7 percent over the closing price of 31.5 pence per share on close of business on 17 February 2014.
Probability Directors have agreed unanimously to recommend Probability Shareholders vote in favour of the resolutions to be proposed at the Court Meeting and the General Meeting in relation to the Scheme.
Renato Ascoli, President of Products & Services at GTECH, commenting on the deal said: "This Acquisition is a significant step in GTECH's ongoing efforts to meet the mobile gaming needs of our WLA and commercial customers.
"Probability does not have a WLA presence and its products complement GTECH's mobile product offering. The combination will generate operational synergies, primarily in R&D and games development."
Charles Cohen, Chief Executive Officer of Probability, added: "The Scheme provides certainty of value to Probability Shareholders through a cash exit at a premium to the recent share price. The Board and management of Probability are fully supportive of this transaction, which it believes is in the best interests not just of Probability Shareholders, but also of all of Probability's employees and customers. By becoming part of the GTECH Group, Probability will be able to leverage its technology, mobile expertise and customer relationships on a global basis."