Last $0.69 USD
Change Today +0.02 / 2.99%
Volume 9.6K
MGT On Other Exchanges
As of 10:38 AM 07/23/14 All times are local (Market data is delayed by at least 15 minutes).

mgt capital investments inc (MGT) Key Developments

MGT Capital Reviewing Strategic Alternatives

MGT Capital Investments, Inc. (AMEX:MGT) announced that it has begun to interview investment banking firms to aid it in reviewing strategic alternatives. This decision is based in part to help review certain unsolicited approaches in the past few months as well as to seek all alternatives to enhance stockholder value.

MGT Capital Investments, Inc. Announces Amendments to By-Laws

On June 19, 2014, the Board of Directors of MGT Capital Investments, Inc. voted to amend the Company's Amended and Restated By-Laws to memorialize certain procedures relating to gaming regulatory compliance matters, including the duty of Directors, Officers, and certain managers and stockholders to cooperate with requirements imposed by gaming regulatory authorities. These provisions are designed to ensure that the Company is able to successfully obtain and maintain a gaming license with the State of New Jersey and such other jurisdictions as the Company may determine from time to time.

MGT Capital Investments, Inc. Approves to Amend By-Laws

On January 26, 2014, the Board of Directors of MGT Capital Investments, Inc. voted to amend the company's Amended and Restated By-Laws to address certain procedures relating to stockholder matters, including consent solicitations by stockholders.

MGT Capital Investments, Inc. - Shareholder/Analyst Call

To consider the strategic alliance agreement between MGT Capital Investments, Inc. and M2P Entertainment GmbH and to discuss its goals and outlook for 2014

MGT Capital Investments, Inc. Partners with M2P Entertainment GmbH

MGT Capital Investments, Inc. announced that it has partnered with Germany-based M2P Entertainment GmbH to offer M2P's highly successful skill-based gaming platform to players in the United States by yearend. The joint venture between MGT Studios, a wholly owned subsidiary of MGT, and M2P will leverage this successful model by offering online cash games to the audiences of MGT's existing properties and to the over two million current U.S. social users of the M2P platform who will now be able to participate for real money. Adults from approved states will be able to compete head-to-head or in tournaments to win cash prizes in several game genres including puzzles, sports, strategy, and cards. The partnership will incorporate the technical and marketing talents from both companies to enhance the game offerings and make important updates for the U.S. audience.


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