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 current 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 ensure that the Ainsworth Game tech board would keep on having a directors that are independent.

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

Previously this thirty days, the company that is australian in a filing to your ASX that a shareholders meeting had been postponed for up to per month. The conference was planned to be held on June 3 and during it, shareholders were to vote on the proposed transaction.

The meeting ended up being delayed because of discussions that are ongoing whether shareholding interests associated with Mr. Ainsworth family should vote en bloc, possibly to your detriment for the remaining portion of the company's investors.

Based on a Friday filing from Ainsworth Game tech to your ASX about the prospective takeover, NOVOMATIC has said that upon the deal's completion, if such completion happens, an independent individual will be appointed as seat for the company that is australian. What's more, the board will be represented with a majority of separate directors before the end of 2018 or until NOVOMATIC and associates get significantly more than 75% in Ainsworth Game Technology.

Nonetheless, it was stated in the filing that if third parties check out gain control over the gaming technology company or 'any unexpected circumstance' related to its operations happen, the above-mentioned pledge would no further use.

With core operations in Europe, NOVOMATIC has been seeking to expanding its existence in other markets also. Last year, the company reported full-year income of €3.9 billion and EBIT of €374 million. It presently has company activities in 80 nations across the globe and employs more than 24,000 people.

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

On-line poker room 888poker has established another essential partnership agreement. The favorite brand name has partnered with the Super tall Roller Bowl and poker TV network Poker Central to secure exposure during the 2nd edition of the major high roller competition.

The Super tall Roller Bowl kicked off May 29 at ARIA Resort & Casino in Las Vegas. And underneath the terms of 888poker's agreement that is latest, the online poker brand name would get a branding exposure all over the occasion 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 actually compensated the $300,000 buy-in to be able to enter the event and to contend for the fully guaranteed first-place award of $5 million. In addition to the prize cash, the top champion may also be awarded the unique Super High Roller Bowl champion ring, hand-crafted exclusively for the high roller competition.

The 888poker branding visibility is likewise secured by German poker Dominik that is professional Nitsche that is considered to be among the list of poker room's ambassadors. Kara Scott, who may have joined the group of popular personalities to be promoting the brand recently, will host the Super High Roller Bowl. The function will be televised across the CBS Sports and Poker Central networks. Fans may also be in a position to watch it live on Twitch.