GAN PLC (LON:GAN), the company formerly known as GameAccount Network, shot up 6.6% to 113p after it flagged up increased internet gambling growth in Pennsylvania.
The developer and supplier of business-to-business Internet gambling software said the Pennsylvania Gaming Control Board revealed the internet gaming win was US$6.0mln – presumably for the casinos, not the punters – in September up from US$4.0mln in August.
Internet sports wagering gross revenues (after payouts) for September rose to US$13.4mln from US$6.3mln in August.
10.30am: Augean looks next door to expand its landfill operations in Peterborough
Waste Management firm Augeon PLC (LON:AUG) climbed 3.5p to 153.5p after it acquired an option to purchase around 90 acres of land near Peterborough.
The land is adjacent to its existing East Northants Resource Management Facility (ENRMF) landfill site.
With appropriate planning and permitting consent, the extension that has been optioned would prolong the life of the ENRMF site until the mid-2040s, Augean said.
9.30am: A tale of two hotels groups – well, three if you include Marriott
The board of Elegant Hotels Group PLC (LON:EHG) has recommended a 110p per share offer from Marriott International, sending the shares soaring 51% to 105.5p.
The cash offer values Elegant, which owns and operates seven hotels and a beach-front restaurant on the island of Barbados, at around £101mln.
Hotels giant Marriott said the Acquisition would enable it to expand its recently announced all-inclusive platform and offer additional leisure destinations to its Marriott Bonvoy members.
