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“He steps into the interim role supported by an experienced finance organisation and I am confident that our reporting, controls and capital markets work will continue without disruption.”
Bally’s shares plunged 26% on 17 August despite a solid Q2 in which group revenue rose by 20% year-on-year to €792.2 million.
The share price came under pressure following debt disclosures in Bally’s Q2 10-Q filing, which was submitted to the Securities and Exchange Commission on 14 August.
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He also called for continued rigorous enforcement efforts alongside strict regulation to safeguard consumers, adding: “Anyone who wants to strengthen player protection must therefore consistently crack down on illegal services and strengthen legal ones.”
The DSWV said the findings should prompt a thorough reassessment of official black market size estimates in Germany.
The DOCV, another trade body representing licensed online casino operators in Germany, also expressed support for the prosecutorial efforts. However, it emphasised that the raid exposed regulatory gaps which had allowed organised crime to flourish.
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Elsewhere, there are some superstars of the game who are taking their places lined up behind the leaders in pursuit of poker profit. Canadian poker legend Sam Greenwood comes into the final a little short-stack with 1.9 million chips, but he’s immediately followed by another luminary of the game in Mikita Badziakowski. The Belarussian only has 1.4 million but will be doing everything he can to get over the line. The final table betting prices are slightly different to the order in which the players find themselves in the chipcounts:
As you can see, David Yan has enjoyed the most money being places on him and goes into play as the 4.12 odds favourite. He may have the most money placed on him, but almost double the number of bettors rate the Swedish pro Astedt as a good shot to see out the win for the first time. Sam Greenwood is tempting plenty of punters at odds of 10 and 103 people have invested in the Canadian to upset the chipcounts.
With a massive $452,885 up for grabs to the winner and $349,222 for the runner-up, 9th place will win just $56,610 so expect the competition to be fierce and the action to be fast in the latest GGPoker Super MILLION$ final table.
