NOVOMATIC to guide Independent Seat 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 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 ensure that the Ainsworth Game Technology board would carry on having a separate directors majority.
NOVOMATIC first announced intends to acquire the gaming that is australian-listed on February 23. The Austrian holding stated that it would purchase a 53% stake in Ainsworth Game tech from the latter’s Chairman and founder Len Ainsworth.
Earlier in the day this month, the company that is australian in a filing to the ASX that a shareholders conference was postponed for up to 30 days. The meeting ended up being planned to be held on June 3 and during it, investors had been to vote in the proposed transaction.
The meeting ended up being delayed as a result of discussions that are ongoing whether shareholding passions related to Mr. Ainsworth family members should vote en bloc, possibly to your detriment of the rest of the company’s investors.
Based on a Friday filing from Ainsworth Game Technology towards the ASX about the possible takeover, NOVOMATIC has stated that upon the deal’s conclusion, if such completion occurs, an unbiased individual could be appointed as seat regarding the company that is australian. What is more, the board will be represented with a most of independent directors before the final end of 2018 or until NOVOMATIC and associates acquire significantly more than 75% in Ainsworth Game tech.
Nonetheless, it absolutely was described into the filing that if third parties check out gain control of the gaming technology company or ‘any unexpected circumstance’ related to its operations occur, the pledge that is above-mentioned no longer use.
With core operations in European countries, NOVOMATIC has been trying to expanding its existence in other markets too. Last year, the company reported revenue that is full-year of billion and EBIT of €374 million. It presently has company activities in 80 nations across the global world and employs significantly more than 24,000 individuals.
888poker Partners Super High Roller Bowl and Poker Central for Branding Exposure
Internet poker room 888poker has established another essential partnership contract. The most popular brand has partnered using the Super High Roller Bowl and poker TV community Poker Central to secure publicity during the 2nd version of this major high roller tournament.
The Super tall Roller Bowl kicked down on May 29 at ARIA Resort & Casino in Las Vegas. And under the terms of 888poker’s agreement that is latest, the online poker brand name would receive 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. As many as 49 entries have compensated the $300,000 buy-in to be able to enter the big event also to contend for the fully guaranteed first-place reward of $5 million. Independent of the award money, the top winner is likewise granted the unique Super tall Roller Bowl champ ring, hand-crafted exclusively for the high roller competition.
The 888poker branding visibility is likewise secured by German poker expert Dominik Nitsche, who’s regarded as among the poker room’s ambassadors. Kara Scott, who may have accompanied the cluster of popular personalities to be promoting the brand just lately, will host the Super tall Roller Bowl. The event will be televised throughout the CBS Sports and Poker Central networks. Fans may also be in a position to watch it go on Twitch.
This is simply not the initial agreement that is important has signed recently. Last month, it became clear that the poker brand became the sponsor that is official the 47th Annual WSOP, utilizing the planet’s most prestigious poker series set to kick off tomorrow, might 31. Underneath the terms of the contract, 888poker would get a broad publicity on the state internet site for the WSOP and around its live reporting section, dedicated to the upcoming poker festival, become more precise.
The 888poker logo is currently visible to website visitors that are based outside of the United States. The ESPN protection associated with WSOP $10,000 Main Event would additionally feature the 888poker brand name. As part of the agreement, the web poker room ran a number of satellite events that offered players the chance to be eligible for a various activities on the festival’s schedule.