Captain Nemo Online Slot Released by Cryptologic
Cryptologic has announced that it has released a new online slot machine titled Captain Nemo that is themed on the science fiction novel “20,000 Leagues under the Sea”.
Symbols on the reels of Captain Nemo video slot are thematic and include a map, a diver’s headgear, an octopus, a pearl, a compass, a submarine, a pearl and of course, Captain Nemo.`
The 5 reel and 20 pay-line Captain Nemo video slot game features fantastic graphics and sound effects that puts players in a deep sea exploration mood. The video slot also offers the usual wild as well as the scatter symbol that also triggers the bonus feature. Players can wager anything from $0.01 to $20.00 per pay-line in this video slot game.
Players get to see some wonderful animations of an underwater journey when the submarine appears in winning combinations.
The wild symbol is the sunken ships logo which offers the highest line payouts. Five symbols in an active pay-line results in a payout of 4,000 coins. The wild symbol pays out each time that it appears on the first reel as well.
The scatter symbol is the Captain Nemo logo that awards the usual scatter payouts. The bonus game on the second screen is triggered when three or more scatter symbols appear.
Players get taken to the jackpot round with three jackpot tokens and during this round, should the inner wheel stop on a jackpot symbol, it will result in the entire amount standing in the progressive jackpot being awarded to the player.
Captain Nemo is already live at all Cryptologic online casinos.
Amaya Shows Interest in Buying Cryptologic
The online gambling industry has been expecting to hear an announcement to the effect that the Amaya Gaming Group was interested in purchasing the share capital of Cryptologic ever since Amaya purchased a huge number of Cryptologic shares in April, 2011.
Cryptologic, the leading online casino software provider has now made an announcement, which has been prepared in accordance with English law and the Takeover Code, that Amaya Gaming Group has made a provisional offer to purchase its share capital.
The Board of Cryptologic has evidently agreed in principal to “the outline terms of a possible recommended all cash offer from Amaya for the acquisition of the entire issued and to be issued share capital of Cryptologic”.
The provisional offer of US$2.50 in cash per common share is at a premium of 52% over the closing share price of US$1.64 per common share on NASDAQ on 14th December, 2011. In terms of this “Possible Offer” Amaya will be permitted to conduct confirmatory due diligence.
Stripped of legalese, the provisional offer is subject to the condition that Amaya completes the due diligence to its satisfaction and is satisfied with the results thereof, the Board of Cryptologic gives its unanimous recommendation and that Amaya confirms that it has enough funds to complete the offer.
Amaya is required to either announce that they firmly intend to make an offer for the Company or that it does not intend to make such an offer by January 12, 2012.
Amaya has reserved its right to make an offer at a price lower than US$2.50 per common share after the due diligence.
