DTD Signs Up For Bravo, GVC to Sell Kalixa, and Merger Given Green Light
Dusk Till Dawn (DTD) is set to adopt the BRAVO Poker System in its Nottingham-based casino after its management team signed a deal with Genesis Gaming Solutions, owners of the renowned poker room management system.
BRAVO is widely used in the United States with the majority of casinos in Las Vegas signed up to the system. It enables poker room teams to make faster decisions such a rulings at the tables and keeping the correct number of tables open. The BRAVO system also monitors the action at the tables then analyses the data, which it then uses to generate information to improve the gaming experience.
One of the key features of BRAVO, and one that is sure to be a hit with DTD’s players, is the ability for players to add themselves to cash game lists and even pre-register for tournaments.
Rob Yong, owner of DTD, said in a press release, “I am really proud of my team at DTD and when we reviewed the BRAVO poker system this message was reinforced. We had built our own poker system 10 years ago and there were huge similarities with BRAVO so it was great to see the leading system in the world was like ours and with some great new additions on top. I am particularly excited to see the reaction of the players to the pre-registration player app function which will create a better experience for everyone when ready later this year”.
Spain’s Casino Gran Madrid, the venue for the European Poker Tour (EPT) Grand Final in Season 7 and an EPT festival in Season 8, has also signed up for the BRAVO system.
GVC Holdings Look Set to Offload Payments Division
In November 2015, a UK & Ireland PokerNews article revealed GVC Holdings had already rejected offers for bwin.party assets despite its £1.1 billion takeover not being completed. However, in a recent interview with The Telegraph, GVC’s chief executive, Kenny Alexander, revealed it is likely GVC will sell parts of bwin.party’s payments business during 2016.
Kalixa began life as bwin’s internal payments department, but has now grown and it manages transactions for other companies and retailers.
“We’ll probably look at maybe disposing bits of that. We’ve has very early discussions,” said Alexander.
Alexander also revealed that GVC is not looking to sell bwin.party’s successful Foxy Bingo brand and that GVC would be looking to acquire more businesses once the £1.1 billion reverse takeover of bwin is completed; a date of February 1, 2016 has been set for this to happen.
GVC is currently listed on the Alternative Investment Mark (AIM) but Alexander aims to have the new, larger company listed on the FTSE 250 and then the FTSE 100. The FTSE 250 is a capitalisation-weighted index consisting of the 101st to 350th largest companies on the London Stock Exchange, with the FTSE 100 being the largest 100 companies.
Paddy Power and Betfair Merger Nears Completion
As 2015 drew to a close, the United Kingdom’s Competition and Markets Authority (CMA) cleared the near €10 billion merger of Betfair and Paddy Power, but the companies needed the blessing of The Republic’s Competition and Consumer Protection Commission before completing the merger.
The Irish authorities last week gave the merger the green light, paving the way for the companies to merge on February 2, 2016, subject to the British high court approving a scheme of arrangement.