NOVOMATIC to Support Independent Chair of Ainsworth Game Technology Board

Austrian maker of equipment for the international gambling industry and provider of related solutions NOVOMATIC AG said 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 keep on having a directors that are independent.

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

Previously this month, the company that is australian in a filing towards the ASX that a shareholders conference was indeed postponed for approximately 30 days. The conference ended up being scheduled to be held on June 3 and during it, shareholders were to vote in the proposed transaction.

The meeting had been delayed as a result of discussions that are ongoing whether shareholding passions related to Mr. Ainsworth household should vote en bloc, perhaps towards the detriment of this rest of the company’s shareholders.

In accordance with a Friday filing from Ainsworth Game Technology to your ASX about the potential takeover, NOVOMATIC has stated that upon the transaction’s conclusion, if such completion happens, a completely independent individual is appointed as seat of the company that is australian. What is more, the board could be represented by a majority of independent directors until the final end of 2018 or until NOVOMATIC and associates acquire more than 75% in Ainsworth Game tech.

However, it was stated in the filing that if third parties go to gain control of the gaming technology business or ‘any unexpected circumstance’ related to its operations occur, the above-mentioned pledge would not use.

With core operations in Europe, NOVOMATIC has been trying to expanding its presence in other markets too. This past year, the business reported full-year revenue of €3.9 billion and EBIT of €374 million. It presently has business tasks in 80 nations round the global world and employs significantly more than 24,000 people.

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

On-line poker space 888poker has announced another crucial partnership agreement. The favorite brand has partnered using the Super tall Roller Bowl and poker television community Poker Central to secure visibility throughout the 2nd version of this major high roller tournament.

The Super High Roller Bowl kicked down on May 29 at ARIA Resort & Casino in Las Vegas. And beneath the terms of 888poker’s agreement that is latest, the online poker brand would receive a branding publicity all over the event and during the in-show Poker Central broadcasts.

The Super tall Roller Bowl will run from might 29 to 1 june. Up to 49 entries have paid the $300,000 buy-in to be able to enter the function and also to contend for the guaranteed first-place award of $5 million. Apart from the prize cash, the big winner is likewise granted the unique Super High Roller Bowl champion ring, hand-crafted solely for the high roller competition.

The 888poker branding publicity is likewise secured by German poker Dominik that is professional Nitsche who’s regarded as one of the poker room’s ambassadors. Kara Scott, that has accompanied the cluster of popular characters to be promoting the brand name recently, will host the Super High Roller Bowl. The event will be televised throughout the CBS Sports and Poker Central networks. Fans may also be able to watch it live on Twitch.

This isn’t the initial important contract 888poker has signed recently. Last month, it became clear that the poker brand is becoming the formal sponsor for the 47th Annual WSOP, because of the planet’s many prestigious poker series set to start up the next day, might 31. Under the terms of the agreement, 888poker would be given a broad publicity on the state site for the WSOP and around its live reporting area, dedicated to the future poker festival, to be more precise.

The 888poker logo design happens to be visible to website visitors that are based outside the US. The ESPN protection of the WSOP $10,000 Main Event would additionally feature the 888poker brand. Included in the agreement, the online poker space went lots of satellite events that gave players the opportunity to be eligible for various events regarding the event’s schedule.