NOVOMATIC to Support Independent Seat of Ainsworth Game Technology Board

NOVOMATIC to Support Independent Seat of Ainsworth Game Technology Board

Austrian manufacturer of gear for the international gambling industry and provider of related solutions NOVOMATIC AG stated 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 be sure that the Ainsworth Game tech board would continue having a independent directors majority.

NOVOMATIC first announced intends to find the gaming that is australian-listed on February 23. The Austrian holding said 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 Australian business stated in a filing towards the ASX that a investors conference was postponed for up to 30 days. The conference was scheduled become held on June 3 and during it, shareholders were to vote in the proposed transaction.

The meeting ended up being delayed because of ongoing discussions on whether shareholding passions related to Mr. Ainsworth family members should vote en bloc, possibly to your detriment associated with the remaining portion of the company’s shareholders.

In accordance with a Friday filing from Ainsworth Game Technology to your ASX concerning the possible takeover, NOVOMATIC has stated that upon the transaction’s completion, if such conclusion happens, an unbiased individual could be appointed as Chair associated with Australian company. What is more, the board could be represented with a most of separate directors before the final end of 2018 or until NOVOMATIC and associates acquire significantly more than 75% in Ainsworth Game tech.

Nonetheless, it had been stated in the filing that when third events check out gain control over the gaming technology business or ‘any unexpected circumstance’ linked to its operations occur, the above-mentioned pledge would no further apply.

With core operations in European countries, NOVOMATIC is looking to expanding its existence in other markets as well. Last year, the company reported full-year revenue of €3.9 billion and EBIT of €374 million. It presently has company tasks in 80 nations around the global globe and employs significantly more than 24,000 people.

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

Internet poker room 888poker has announced another partnership agreement that is important. The most popular brand has partnered because of the Super tall Roller Bowl and poker TV network Poker Central to secure visibility throughout the second edition regarding the major high roller tournament.

The Super High Roller Bowl kicked off on May 29 at ARIA Resort & Casino in Las vegas, nevada. And beneath the terms of 888poker’s latest agreement, the online poker brand would get a branding publicity throughout the event and during the in-show Poker Central broadcasts.

The Super High Roller Bowl will run from might 29 to June 1. As much as 49 entries have compensated the $300,000 buy-in in order to enter the big event and also to contend for the guaranteed in full prize that is first-place of5 million. In addition to the reward cash, the big champion will also be awarded the unique Super tall Roller Bowl champion band, hand-crafted solely for the roller tournament that is high.

The 888poker branding visibility is likewise secured by German poker Dominik that is professional Nitsche that is regarded as among the poker space’s ambassadors. Kara Scott, that has accompanied the group of popular characters become marketing the brand just lately, will host the Super tall Roller Bowl. The big event shall be televised over the CBS Sports and Poker Central sites. Fans will also be able to view it live on Twitch.

This is simply not the very first agreement that is important has signed recently. Final month, it became clear that the poker brand is becoming the official sponsor for the 47th Annual WSOP, with the earth’s many prestigious poker series set to kick off tomorrow, May 31. Beneath the terms of the contract, 888poker would receive a exposure that is broad the state internet site for the WSOP and around its real time reporting area, dedicated to the future poker festival, to be more exact.

The 888poker logo design has become visible to guests that are based outside of the US. The ESPN coverage associated with the WSOP $10,000 Main Event would also feature the brand that is 888poker. 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.

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