NOVOMATIC to Support Independent Seat of Ainsworth Game Tech Board

Austrian manufacturer of equipment for the worldwide gambling industry and provider of related solutions NOVOMATIC AG said in a current filing towards 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 make sure that the Ainsworth Game tech board would keep on having a independent directors majority.

NOVOMATIC first announced plans to find the Australian-listed gaming business on February 23. The Austrian holding stated that it could buy a 53% stake in Ainsworth Game Technology from the latter’s Chairman and creator Len Ainsworth.

Early in the day this thirty days, the Australian business stated in a filing to your ASX that a shareholders meeting was postponed for up to 30 days. The meeting was scheduled become held on June 3 and during it, investors had been to vote regarding the proposed transaction.

The meeting had been delayed because of ongoing conversations on whether shareholding passions regarding Mr. Ainsworth family members should vote en bloc, perhaps to your detriment of this rest of the company’s shareholders.

In accordance with a Friday filing from Ainsworth Game tech to the ASX about the prospective takeover, NOVOMATIC has said that upon the deal’s completion, if such conclusion does occur, a completely independent individual is appointed as seat regarding the company that is australian. What’s more, the board would be represented by a most of separate directors until the end of 2018 or until NOVOMATIC and associates acquire more than 75% in Ainsworth Game tech.

Nonetheless, it absolutely was revealed into the filing that when third events go to gain control over the video gaming technology company or ‘any unforeseen circumstance’ related to its operations occur, the above-mentioned pledge would no further use.

With core operations in European countries, NOVOMATIC happens to be seeking to expanding its presence in other markets aswell. A year ago, the company reported revenue that is full-year of billion and EBIT of €374 million. It currently has company activities in 80 countries across the world and employs significantly more than 24,000 people.

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

Online poker space 888poker has established another partnership agreement that is important. The most popular brand has partnered with all the Super tall Roller Bowl and poker television network Poker Central to secure exposure through the 2nd edition regarding the major high roller competition.

The Super tall Roller Bowl kicked down May 29 at ARIA Resort & Casino in vegas. And underneath the terms of 888poker’s latest contract, the web poker brand would receive a branding publicity all around the event and through the in-show Poker Central broadcasts.

The Super tall Roller Bowl will run from might 29 to 1 june. As many as 49 entries have paid the $300,000 buy-in in order to enter the big event and to contend for the fully guaranteed prize that is first-place of5 million. Independent of the prize cash, the top champion will also be granted the special Super High Roller Bowl champion ring, hand-crafted exclusively for the high roller tournament.

The 888poker branding publicity is likewise secured by German poker Dominik that is professional Nitsche that is known to be one of the poker room’s ambassadors. Kara Scott, who has joined the group of popular personalities become advertising the brand recently, will host the Super High Roller Bowl. The event will be televised throughout the CBS Sports and Poker Central networks. Fans will also be able to watch it go on Twitch.