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CONTAGIOUS GAMING TO ACQUIRE CHELBIS COMPANY LTD
2014-12-10

Software services provider Contagious Gaming has entered into an acquisition agreement for all of the issued and outstanding securities of Chelbis Company Ltd for a consideration of CAD$4,050,000 plus an earn-out consideration for the next two years.

Chelbis owns and operates established bingo destinations House of Bingo, Gone Bingo and Harrys Bingo along with bingo networks Best Bingo Network, Super Bingo Network and Fun Bingo Network. The company supports 14 white label bingo partner websites within its networks.

Contagious Gaming foresees significant synergies in the combined entity such as the ability to leverage the companys software platform and content library for deployment into Chelbis networks, while Chelbis CRM infrastructure will be used to handle Contagious Gamings requirements for its Goal Time product.

Peter Glancy, chief executive officer and director of Contagious Gaming said: "The Acquisition of Chelbis is expected to be materially accretive, diversifying our revenue streams, providing consistent cash flow and allowing us to capitalize on synergies which should ultimately increase margins and reduce costs. We look forward to completing the Acquisition of Chelbis and welcoming them as Contagious Gaming shareholders."

"We look forward to completing the acquisition and joining the Contagious Gaming team where we will be able to leverage our resources and create synergies to drive value for shareholders, added Madhu Avalur, chief executive officer for Chelbis.




LEANDER GAMES WIN FULL TILT POKER SUPPLY DEAL
2014-01-22

Full Tilt Poker parent company nfl football betting Online Bingo Play Slots Online in US Bicimotos The Rational Group has chosen Leander Games following a competitive bid process for the provision of a casino gaming platform and game content as it expands from online poker only to online casino gaming.

Technical integration has already begun and will leverage Leanders LeGa platform for the launch of exclusive games along with a selection of games from Leander's partner portfolios.

Full Tilt will additionally launch new third-party content from a range of "boutique" game developers, a statement said.

The roll out of Blackjack and Roulette is already in test phase on the Full Tilt platform, while the launch of Leander's LeGa platform is expected this Spring.

This is a landmark deal for Leander, said Leander chief executive officer Steven Matsell. We are incredibly proud that Rational Group has recognised Leander as a strategic partner to move forward with on this incredible project.

"This partnership will change Leanders position within the marketplace from new kid on the block to a serious contender. We are a small but dedicated team who live and breathe delivering the best games possible and this deal is testament to the quality of our offering. We are excited about the next few months as we work on our biggest venture to date.

Leander is the leader in a new generation of gaming platforms, said Sam Hobcraft, Director of Casino for Rational Group. Theyre smart, creative, nimble and combine speed-to-market with technical excellence.




2015 Kentucky Derby Odds
2015-04-15

Kentucky Derby week is one of the most thrilling times of the year. This race is known as "The Most Exciting Two Minutes in Sports" for its approximate time length.



Check 2015 KY Derby Schedule May 1 and 24 at Sportsbook.com



Odds to Win 2015 Kentucky Derby