NOVOMATIC to guide Independent Chair of Ainsworth Game Tech Board

NOVOMATIC to guide Independent Chair of Ainsworth Game Tech Board

NOVOMATIC to guide Independent Chair of Ainsworth Game Tech Board

Austrian manufacturer of gear for the worldwide gambling industry and provider of related solutions NOVOMATIC AG said in a recently available filing to the Australian Securities Exchange that if it completes the proposed takeover of fellow provider and manufacturer Ainsworth Game tech Ltd., it might back the immediate visit of an independent person to the post of seat of the latter organization’s board.

In addition, the Austrian gaming giant would make sure that the Ainsworth Game Technology board would keep on having a independent directors majority.

NOVOMATIC first announced intends to find the Australian-listed gaming business on February 23. The Austrian holding said that it could buy 53% stake in Ainsworth Game tech 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 shareholders conference have been postponed for up to 30 days. The conference was scheduled to be held on June 3 and during it, shareholders were to vote regarding the proposed transaction.

The conference was delayed because of ongoing conversations on whether shareholding interests related to Mr. Ainsworth family should vote en bloc, possibly towards the detriment of this rest of the company’s shareholders.

According to a Friday filing from Ainsworth Game tech towards the ASX concerning the potential takeover, NOVOMATIC has said that upon the transaction’s completion, if such conclusion happens, an unbiased person will be appointed as Chair of the Australian company. What is more, the board is represented by a majority of separate directors until the end of 2018 or until NOVOMATIC and associates acquire a lot more than 75% in Ainsworth Game Technology.

Nonetheless, it was revealed in the filing that if third parties go to gain control over the gaming technology company or ‚any unforeseen circumstance‘ pertaining to its operations occur, the above-mentioned pledge would no longer apply.

With core operations in Europe, NOVOMATIC happens to be looking to expanding its existence in other markets as well. Last year, the company reported full-year income of €3.9 billion and EBIT of €374 million. It presently has company tasks in 80 countries across the global globe and employs a lot more than 24,000 people.

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

Online poker room 888poker has established another partnership agreement that is important. The favorite brand has partnered with the Super High Roller Bowl and poker TV community Poker Central to secure exposure throughout the second version regarding the major high roller competition.

The Super tall Roller Bowl kicked off on May 29 at ARIA Resort & Casino in Las Vegas. And underneath the terms of 888poker’s agreement that is latest, the web poker brand would get a branding publicity all around the event and through 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 actually compensated the $300,000 buy-in in order to enter the event also to contend for the assured first-place reward of $5 million. Apart from the reward cash, the top champion is likewise granted the unique Super tall Roller Bowl champ ring, hand-crafted exclusively for the high roller tournament.

The 888poker branding exposure is likewise secured by German poker expert Dominik Nitsche, who’s regarded as among the poker space’s ambassadors. Kara Scott, who’s joined the group of popular characters to be advertising the brand name recently, will host the Super High Roller Bowl. The big event will be televised across the CBS Sports and Poker Central networks. Fans is likewise able to watch it go on Twitch.

It is not initial important contract 888poker has signed recently. Final thirty days, it became clear that the poker brand became the formal sponsor for the 47th Annual WSOP, because of the world’s many prestigious poker series set to kick off tomorrow, might 31. Beneath the terms of the agreement, 888poker would receive a broad visibility on the state web site of this WSOP and around its real time reporting section, dedicated to the upcoming poker festival, become more exact.

The 888poker logo design is currently visible to guests that are based outside the United States. The ESPN protection associated with the WSOP $10,000 Main Event would also feature the 888poker brand name. The online poker room ran a number of satellite events that gave players the opportunity to qualify for various events on the festival’s schedule as part of the agreement.