The governance of Bwin.party Entertainment has officially confirmed the reverse takeover of GVC Holdings for its entire business operations. The deal is worth £908 million, which is equivalent to $1.4 billion. Bwin.party Entertainment is set to work closely with GVC to make the deal that it will present to its shareholders formal, in order to proceed with the acquisition process.

Established in 2011, bwin.party offers a wide array of online gambling such as sports betting, poker and casino games. In 2014, it posted revenue of $675 million or 611.9 million euros. It has over 2000 employees from Europe, United States and India.

Combined with a new stock issuance in the merged operator, the deal is geared to entail a sum of cash valued at 100 pence per share, which represents 11% premium to its closing price.The deal is funded by GVC in partnership with Amaya Inc.

If the bid will be approved, GVC plans to take over the management of the newly merged company. However, for a two year period, AmayaInc. will be given the first right of purchase of the business by GVC.

GVC Holdings made its first announcement of the takeover in May. A few days later, 888 Holdings, a gambling company based in Gibraltar also announced its own approach. However, GVC is seen to be the most preferred to land on bwin.party entertainment acquisition, against 888 Holdings.

The following statement was released by bwin.party concerning the offer:

“The GVC proposal has been considered by the board. This is because of the potential benefits that it believes can amount to bwin.party entertainment shareholders from the partnership of the two companies. Besides that, it has also proved its commitment through resolving various issues related to transactions. Bwin.party is determined to work with GVC in order to finalize their offer in a few days to come.”

“However, it is only the boardthat will make further announcement. Therefore, you are not guaranteed that GVC or any other party will make the official announcement of the transaction.” Bwin.party added.

A deal was signed between Cambridge based risk management data and compliance solutions firm; Featurespace and William Hill. This new deal will see William Hill and Featurespaces come up with a range of sophisticated machines learning analytics and expertise in the technical field as a way of interpreting and achieving greater insights for the consumer.

The approach employed by Featurespace will automate their processes to reduce the oprationsl costs as they gain the information from their customers. Operators in the betting sector make use of their management solutions to build long term and healthy customer relations.This is a unique way that will make it possible for them to maximize the revenue growth and lowering the risk in the business.

The Founder and CTO to Featurespaces said that through their working relation with William Hill team was a great experience and that they were impressed by the commitment they had in making their customer experience better. David Excell pointed out that this was the first announcement they have and more were on the way regarding their roll out for the Featurespace’s analytics.

The innovation director at William Hill mentioned that they team was pleased with the partnership and that they are always looking out for this kind of partnership that will bring innovation and improve their gambling experiences for their customers. William Hill is proud to have the implementation of the new analytical approach.

About William Hill Casino

William Hill for long time has been in existence offering betting services through their land-based betting shops. Thanks to the internet, they decided to showcase their services to the world through their online betting sites. They have led the rest in adopting innovation to their products and working at making their customers every step of the way. With this new partnership we hope to get world class betting services and more features added to the betting platform.

Evander Holyfield otherwise known as “the Real Deal” is an excited man to be launching RealDealBet.com. He is a 5 times World Heavyweight Boxing Champion who’s planning to get into the world of online sports betting and casino gaming. The platform has been developed for the professional and recreational kind of sports betting enthusiasts. The products will be available across EU countries and the rest of the world.

RealDealBet.com will be featuring simple, highly intuitive interfaces which will give the players quick access to a myriad of betting options which will be powered by state of the art SBTech egaming platform. There will be more than 60,000 events that will be covered in more than 30 sports which will include 150 professional soccer leagues all over the world. There will be an array of live betting opportunities with more than 18,000 events each month and will be featuring 1.000 kind of live bets.

RealDealBet.com has interesting online rewards which include and not limited to competitive odds, huge bonuses, fast payouts and a huge selection of betting bonuses.

For the casino, they have cutting edge technology powering the casino games thanks to Microgaming, Net Entertainment and Betsoft software. While taking a break from sports betting, you will enjoy games like live dealer blackjack, baccarat, roulette, 3D slots and video poker.

The RealDealbet.com products will be relayed on mobile devices and desktops thanks to the latest and great technology offered by SBTech. The mobile games have been developed to be more exciting, responsive and the experience can be accessed anywhere in the world of gaming.

Evander will be with you every step of the way, giving you that feeling as if he is fighting with you every step you take. He is ready to assist you in any way as a newbie gambler or a professional.

In a statement he said RealDealBet.com will be “The Real Deal” when it comes to betting on sports. He added that they will hold a powerful punch and bring down the competition. The site is developed to be the betting site of champions and the reason they chose SBTech is because of their unique mobile and desktop offerings which bring a revolution to the live betting world.

US gambling case towards Paul Phua Wei-Seng was done away with on Monday after most of the evidence against this businessman from Malaysia and high roller gambler was tossed out by a federal judge. This US District Judge, Andrew Gordon declared that most of the evidence obtained by the FBI for this case was not going to be used by the federal prosecutors. This is because they used subterfuge to acquire access to his hotel room and this went against the Fourth Amendment of the US constitution.

There were two different judges who made a ruling that this was the same case in a couple of decisions that dated back to January 2015. Prosecutors asked the evidence to be reinstated but the ruling made by Judge Gordon has tarnished their hopes. With the inadmissible bulk of evidence, the prosecutors did not have any choice but to set Paul Phua free.

July 2014, was when Paul Phua was arrested at Caesars Palace with other 6 Malaysian Men. This included Phua’s 22 year old son, Darren Phua. The attendants noticed suspicious activities in 3 suites and reported the incident to the management. The management later informed the Nevada Gaming Control Board. The agents from the Control Board coordinated with the FBI to carry out investigations and asked the hotel internet service providers to shut down the internet in these suites. Phua sought for assistance and FBI agents attended to the call guised as the technicians. After seeing what was going on, they obtained a search warrant and raided the suites arresting the men.

All 6 men were arrested and pleaded guilty in 5 cases which saw them deported back to Malaysia. Phua’s son reportedly pleaded guilty because he was said to have grown homesick for Malaysia. With the use of his Vegas based lawyers, Paul Phua won the case and his $2 million bail, his $48 million private jet and passport will be returned to him.

Paul Phua Career

Paul Phua is known as a high roller bettor in poker. Phua is said to be worth between $300 and $400 million. He is said to make his money in two ways. One way would be through his junket operations in Macau. In estimations it’s said that the junket operators made $200 billion per year in the peak years for Macau.

Another source of his wealth would be in an online sportsbook that he was said to operate in the earlier years of his career. About 5 years ago, he made his name as an astute bettor and  player in high stake cash games in Las Vegas. While at it, he became friends with some of the top players in the world.

PokerStars has spent months speculating on the UK market and they have now launched their services in the United Kingdom. Players are now able to place their bets on a couple of markets through PokerStars 7 software.

At the moment, PokerStars is only accepting football, tennis, ice hockey, rugby, basketball, volleyball and handball. These will not be the only offerings as there is a banner promising of more game betting in the future.

When you first look at the UK site, you will notice that the odds may seem to be of the same standard as those of other world-class bookmarkers. You will notice that their odd analysis skills can be compared to those of other bigwigs in the industry like, William Hill, Betfred and Betfair in a myriad of many more.

For those who wise to place their bets on this new platform, they can do so on the PokerStars 7 client from their desktops, iOS and Android powered devices. This will be possible in a few steps which include registering a real account and loading it with money through their safe and convenient banking options. Apart from betting, you will be exposed to other casino games such as Poker, table games, card games and slots in a myriad of many more.

Without a doubt, PokerStars betting services will grow in terms of the subscribers, in the coming weeks.

Pokerstars is owned by Amaya Gamin and is part of a joint venture with GVC Holdings for online gambling entity bwinparty digital plc which is owner to bwin party.

When playing at PokerStars, be sure to have an exciting time with all the bonuses and promotions in line waiting for you. There are the deposit and new player bonuses which will be awarded on redemption. Be sure to read all the play-through requirements for each bonus for successful betting on your favourite sports.

You could start betting on your favourite sports as soon as you wish and enjoy the wide array of sports available and expect more in the near future.