Gambling News 27th November, 2011

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SHAREHOLDERS MAY GIVE PLAYTECH A ROUGH RIDE ON GBP 100 MILL PLACING (Update)

27th November, 2011 at 02:13:41
Billionaire businessman Sagi stands to benefit substantially, says analyst.

The successful placing of Playtech shares to raise GBP 100 million in additional capital for acquisitions (see previous reports) could come under fire from shareholders, opined the business editor of the Telegraph on Sunday.

Full Story: Shareholders May Give Playtech A Rough Ride On Gbp 100 Mill Placing (update) »

RACING GIANT GETS BEHIND CANADIAN SPORTS BETTING PROPOSAL (Update)

27th November, 2011 at 02:13:41
Comartin bill making good legislative progress

Canadian MP Joe Comartin's bill C-290, which seeks to legalise single game sports wagering in Canada (see previous reports) continues to make progress, passing its second reading in the House of Commons earlier this month, and this week attracting the vocal support of horseracing giant Woodbine Entertainment Group.

Full Story: Racing Giant Gets Behind Canadian Sports Betting Proposal (update) »