As blockchain has already disrupted industries and countries from Russia to Australia, Malta is not in line to disrupt the online gaming industry through blockchain. Time of Malta reported: "The Malta Gaming Authority (MGA) is leading by example in establishing Malta as a frontrunner in this regard, and, in the White Paper published in July…
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LeapRate Exclusive… LeapRate has learned from sources in Israel that online gaming and casino company 888 Holdings Public Limited Company (LON:888) is in process of laying off several dozen employees in the country. 888's moves come shortly after we exclusively reported that UK based William Hill plc (LON:WMH) will be shutting its operation in Israel,…
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LeapRate Exclusive... LeapRate has learned from sources in Israel that online gaming giant William Hill plc (LON:WMH) will be shutting its operation in Israel. More than 200 of the company's approximately 250 Tel Aviv based employees will be laid off, and the company's offices at the Azrieli Towers (pictured above) will be vacated. A small number…
Read moreA short note on the proposed acquisition of Betfair Group Ltd (LON:BET) by Paddy Power plc... The companies today announced that the proposed deal will be put to vote on December 21, 2015. To become effective, the Scheme of arrangement of the deal will need to be approved at Betfair's Court Meeting and will require…
Read moreGaming and betting provider Ladbrokes PLC (LON:LAD) has just announced the results of a General Meeting of shareholders held earlier today. The main purpose of the meeting was for shareholders in Ladbrokes to have their say on a set of resolutions regarding a recommended offer for a merger of Ladbrokes with certain businesses of Gala…
Read moreThe first draft prospectus has been submitted to the UK Listing Authority. If the final document is posted in November 2015, as expected, and regulatory approvals are received, the deal should completed in early 2016.
Read moreBetfair shareholders will be entitled to receive 0.4254 shares in newly created Paddy Power Betfair in exchange for each Betfair share.
Read moreAfter bwin.party recommended an offer by GVC earlier today, 888 Holdings dropped the war, saying it does not see sufficient value in bwin to revise its bid.
Read more"In recommending the Offer from GVC, the Board has taken into account many factors including, but not limited to, the headline value per share and the consideration being offered”, said Philip Yea, Chairman of bwin.party.
Read moreThe bidding war for online gaming group bwin.party is officially on, with GVC Holdings having submitted a revised proposal last month and 888 now changing its offer.
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