Tag: 爱上海QO


Premier League Action


first_imgAt 3, Manchester United travel to Aston Villa looking to register their seventh straight win. West Ham start the day in fourth and welcome Leicester to Upton Park. Elsewhere, Everton travel to a Southampton side in freefall, Hull take on Swansea, QPR face West Brom and Tottenham play host to Burnley. The reigning champions welcome struggling Crystal Palace to the Etihad in the lunchtime kick-off with the ink not yet dry on keeper Joe Hart’s new 3-year contract. At the other end of the pitch, City is in trouble with Sergio Aguero, Stefan Jovetic and Edin Dzeko all out injured. Manager Manuel Pellegrini is confident they can still score without them. last_img


M&A hungry LeoVegas expands UK presence with €60m Royal Panda acquisition


first_img StumbleUpon Related Articles Presenting its Q3 2017 trading update (period ending 30 September), Stockholm-listed LeoVegas Group AB has confirmed that it has entered a ‘definitive agreement’ to acquire Malta-based Web Investments limited the operating company of online casino Royal Panda (RoyalPanda.com).Confirming the deal in its Q3 trading update, LeoVegas has agreed to acquire Royal Panda outright for a purchase price of €60 million, with the company adding a further €60 million in earn-out incentives.Updating stakeholders, Gustaf Hagman Group CEO of LeoVegas AB detailed that Royal Panda would act as a further ‘multi-market brand’ for the company’s growing regulate market portfolio. Furthermore, the acquisition sees the online gambling group expand its presence within the saturated UK online gambling market gaining ‘the UK established Royal Panda casino’.“Royal Panda has in a short time built up an efficient business with an exciting and strong brand. This is a major acquisition that we are carrying out following a carefully executed process. With the help of the strong symbolic value in the panda, the company has built a premium brand among gamers, and we will complement LeoVegas with Royal Panda. This gives us two great brands with global appeal, which makes the scalability in the continued growth strong while strengthening our position in the UK,” Hagman commented on the acquisition.In order to facilitate its ongoing M&A strategy, LeoVegas governance has obtained a debt financing transaction of €100 million, in which €40 million will be made available through a revolving credit facility.Moving forward, LeoVegas governance expects the Royal Panda transaction to be completed by December 2017.Concluding a busy Q3 operating period, LeoVegas detailed a continued strong momentum in which group revenues hit the €55 million mark. The group detailed period KPI gains across its portfolio, despite recording a lower corporate EBITDA of €7.6 million (Q3 2016: €9.8 million) which had to adjust to period M&A and Nasdaq listing costs.“During the fourth quarter, we expect marketing in relation to revenue to be higher than in the third quarter. We will most likely reach the highest level during the year as we plan to invest ahead of the Christmas holiday season. With a great acquisition, a good start to the fourth quarter and a continued strong cash position, we continue to have tremendous opportunities going forward, and we are all looking forward to an exciting fourth quarter.” Share TVBET passes GLI test for five live games in Malta and Italy August 25, 2020 Björn Nilsson: How Triggy is delivering digestible data through pre-set triggers August 28, 2020 Share Submit Kambi takes full control of LeoVegas sportsbook portfolio August 26, 2020last_img read more


17:30 Sports News


first_img18:00Khabar Jaldi Jaldi 18:05Metro Scan 18:30Desh Prasedh 19:00Khel Samachar 19:30Janadesh 2016 20:00News Night (Hindi) 21:00News Night (English) 22:00Special Prog. 22:30Special Prog.DO Touck 23:00Cinema Is Hafte(Repeat) 23:30News 00:00Samachar 00:30News 01:00Samachar 01:30News 02:00Samachar 02:30News 03:00Samachar 03:30News 04:00Samachar 04:30News 05:00Samachar 05:30Kisan Samachar(Repeat) MORE PTI DL BMR BMRlast_img