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.

With fantasy sports betting legalization still an ongoing battle, the NFL has claimed that it is on the verge of expanding and this may entail initiation of a team based in Las Vegas. This comes after New Jersey appealed a case where NF, NBA, MLB, NCAA and NHL had moved to the court in 2012 to block a move by the state in legalizing sports betting. They opposed this since they claimed that match fixing especially on single betting would be frequent and hence tarnishing the fame of the game. According to Brian McCarthy the league spokesman, they were not backing of from blocking the move ever.

However, their move was faced by various problems as some representatives of various teams had other plans. Robert Kraft the owner of New England team joined hands with Steve Wynn Las Vegas casino developer in building a casino believed to be worth $1 billion next to Gillette Stadium in Foxborough back in 2011.

NFL had earlier banned the advert banners in the stadium as a way to deter any casino initiation move. However, it claimed that it would allow advertising money from casinos. The league claimed that this would be accompanied by several rules such that no logos or club marks are present on the advert and that players would receive divides from the income generated from these adverts.

There has been however partnership between fantasy firms DraftKings and FanDuel with 21 league teams, Steelers included. NFL commissioner Roger Goodwell described this as family reunion and said that fantasy sees people come together for fun as they enjoy football. McCarthy echoed these words by saying that generally fantasy football is a non gambling event that entails skills of the game.

Nevertheless, despite all this, NFL was on the front line in cancelling fantasy football conference that was scheduled for 10-12 July at the non-gambling Las Vegas site the Sands Expo. The expected in attendance included Cowboys quarterback Tony Romo.

The league was later involved in cautioning three Miami Dolphins players from indulging in poker events in Coconut Creek casino, Fla. This attracted criticism from events’ host Andy Slter who claimed that NFL was based on gambling.

Just like the arrival of poker over the years, Fantasy Sports Betting is believed to be the next well known online game. In fact, this huge progress in the gaming world in America is proof enough.

Betting on various events in sports has been evidently on the increase over the years. It has also become a profession valued around the world on its own. Therefore, it is sensible on exploring the area and planning on collaborating it with fantasy sports betting. The big question is whether FSB is a something that we should be avoiding and stick to the normal sports betting or if they are complementary products.

This can be explained by the impact of the big data on these 2 industries. Coming up with new information tends to benefit the sports betting more because the need for additional statistical information by clients is growing faster. This is because they think that knowing the statistics in the growth of the odds of winning. However, what clients do not realize is that the big data is helping bookmakers optimize the given odds. This means that if this big data information permits bookies to foretell the outcomes of sports events, then the clients will lose interest and sports betting websites will have no business.

FSB has become a norm for many years to countries like Canada, UK and USA. Moreover, DraftKings and FanDuel have become proficient in the industry, enabling them to oversee the large number of everyday action of sports action. A free player can be easily converted into a paying one through old options of marketing s like affiliation and advertising.

Fantasy Sports is a true skill based on live statistics of soccer players. The game adopts the peer-to peer format, where players play against each other. Highly advanced algorithms will be in place to assist in evaluation of the important elements of the performance of the player and its impact to the general performance of the team.

Big data has revolutionized the FSB industry and it is continuing to do so. As much as it may look like the European Fantasy Sports has not really picked up, considering that Europe is historically known as a late adopter, the future of soccer lovers seems promising especially for those seeking better experiences compared to what is currently on offered.

Christian Pham a 40-year old poker professional from St. Paul in Minnesota signed up for the wrong World Poker Series of Poker in Las Vegas and ended up the first prize pot of $81,214. He plays professional Texas Hold’em Poker and he turned up to the WSOP event where he realized that he signed up by accident for a different game. He had signed up for no limit 2-to-7 lowball which was an issue since it’s a game he had never played before.

He would not give up his $1,500 buy in and he decided to grind up the game and see whether he would be in a position to salvage something from this mistake he had made. He had not realized the mistake he had made until he was in the first deal and received 5 cards instead of 2 which he expected.

The No limit 2-to-7 lowball is a different game totally different from Texas Hold ‘em. In this game, it’s the lowest poker hand that wins the deal and the game has no flushes or straights. Shawn Harris who was dealer to Pham in his comments said that the game is different and requires a different mindset and strategies.

Players at the table had to explain to Pham how the game should be handled and did it with less scepticism and they later realized that Pham was an experienced poker player. The player who was on the initial table with Pham said that one would suspect an act but wasn’t sure whether what Pham pulled was an act but he said that if it was, then it was very good.

As the first day came to a close, Pham was the chip leader. On the night of the first day, he topped his knowledge to the game and the evening that followed got him $81,214 richer.

Pham moved to Minnesota in 2000 from Vietnam. His poker career started in 2008 and made him a couple of thousand dollars in a local tournament. He was not serious towards poker playing until 2012 and 2014 saw him win WSOP Circuit main event in Las Vegas where he took home $214,332.

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.