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Sports Odds And Picks

January 25th General news ... Sports Odds And Picks at sports-oddsandpicks.com

IRISH SPORTS BROADCASTER IN MOBILE TALKS
2014-07-09

The Irish sports broadcaster Setanta Sports is reportedly in discussions with mobile communications network provider Three Ireland for a mobile virtual network operator (MVNO) accreditation, reports The Irish Times.

MVNO status would enable Setanta to deliver information and mobile gambling services to its customers on the 3 backbone, enabling the broadcaster to launch a package deal offering TV, phone and mobile broadband services, along with access to Setanta Go, an online website delivering live feeds of all Setanta and BT Sport channels.

The European Commission has recently approved Threes acquisition of O2 Ireland, under conditions to ensure continued competitiveness in the Irish market. Part of this agreement includes Threes obligation to establish two MVNOs on its network.

Deals with UPC and Carphone Warehouse already fill this quota and both these companies have scheduled their mobile network launches for 2015, while Setantas network could be live before the end of 2014.

Setanta has reportedly hired Leo Hassett, former head of mobile business development at Eircom, to advise on its mobile plans.




GTECH AND I.G.T. IN ACQUISITION TALKS
2014-06-17

Starting the week off with NFL Betting Lines a bang is the announcement by gambling and lottery supplier group GTECH that it is in 'preliminary' talks with contemporary U.S. firm International Game Technology with the objective of buying the American company.

"This transaction could potentially involve the use of a mix of cash and equity as consideration," GTECH told the Reuters news agency, adding it did not anticipate needing a cash call to fund the acquisition.

GTECH said it had hired advisers to help it in the talks.

In a coordinated response, IGT issued a rather wooly statement advising:

"IGT regularly considers, and on occasion explores, a broad range of strategic alternatives, including but not limited to business combinations, changes to our capital structure and adjustments to our portfolio of businesses, with the goal of maximizing shareholder value.

"The IGT Board of Directors and senior management are currently engaged in such an exploration, but no decisions have been made by the Board regarding any particular alternative available to the Company and there can be no assurances that any transaction or other strategic change will be entered into as a result of the current exploration of alternatives.

"IGT does not intend to discuss or disclose developments with respect to this general subject unless and until the Board has approved a definitive course of action."