Mgt Capital Investments Inc (MGT) 0.68 $MGT
MGT Announces Strategic Review
PR Newswire - Tue Jul 08, 7:20AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) today announced that the Company 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 Gaming to Focus its Litigation Efforts Against Aruze Gaming America
PR Newswire - Tue Jul 08, 7:15AM CDT
MGT Gaming, Inc. a subsidiary of MGT Capital Investments, Inc. (NYSE MKT: MGT) today announced that it has made a strategic decision to focus its resources and litigation efforts against Aruze Gaming America, Inc. in the United States District Court for the Southern District of Mississippi (Jackson Division), in which MGT Gaming alleges infringement of U.S. Patent Nos. 7,892,088 and 8,500,554 by Aruze Gaming America's products known by the trade names "Paradise Fishing" and "Amazon Fishing." Accordingly, MGT Gaming has dismissed its lawsuits against WMS Gaming Inc.
MGT Capital Investments, Inc. Comments On Notice Received From Iroquois
PR Newswire - Tue Jul 01, 11:22AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) (the "Company"
today confirmed receipt of a notice from Iroquois Master Fund Ltd. ("Iroquois" , announcing its intention to nominate a slate of four directors to stand for election at the Company's 2014 Annual Meeting of Stockholders.
Iroquois Capital Delivers Letter to MGT
PR Newswire - Mon Jun 09, 7:46AM CDT
Iroquois Capital Management, LLC (together with its affiliates, "Iroquois" , the largest unaffiliated shareholder of MGT Capital Investments, Inc. ("MGT" or the "Company" (NYSE: MGT) with beneficial ownership of approximately 9.99% of the outstanding common stock of the Company, today announced that it has delivered a letter to the Company's Board of Directors. Iroquois also announced it filed a Schedule 13D amendment with the SEC earlier today to disclose that it has recently increased its economic stake in MGT.
MGT Announces Exclusive Launch of Skill Based Gaming Site, MGTplay.com
PR Newswire - Wed Jun 04, 1:45PM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) is excited to announce the commercial launch of its real money skill-based gaming website, www.mgtplay.com. The site offers a multitude of professionally designed games allowing registered players the opportunity to wager and win cash, in one-on-one play or tournaments. Skill-based games allow players to compete head-to-head with one another via the Internet for small stakes.
MGT Acquires DraftDay.com
PR Newswire - Tue Apr 01, 8:03AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that it has entered into an asset purchase agreement with CardRunners Gaming, Inc. to acquire the DraftDay fantasy sport business and software platform. MGT will pay $600,000 in cash and approximately 100,000 shares of common stock to acquire the DraftDay assets. The transaction is expected to close within one week.
MGT Teams Up with VegasInsider.com
PR Newswire - Wed Mar 19, 9:40AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that it has entered into a revenue share agreement with VegasInsider.com, Inc., whereby MGT subsidiaries, FanTD, LLC and MGT Sports, Inc. will exclusively provide the technology infrastructure enabling VegasInsider.com to offer a self-branded daily fantasy sports platform to its user base.
MGT Subsidiary Inks Top Fantasy Sports Gamers
PR Newswire - Wed Mar 05, 1:26PM CST
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that its majority owned subsidiary FanTD LLC has entered into an incentive-based consulting and marketing agreement with an entity formed by Nicholas Dunham and Charles Chon, each of whom are leading daily fantasy sports players. The exclusive relationship will entail input on site design and functionality in order to enhance the player experience, and promotion of the site through a variety of channels, including audio and video media and high visibility events. Mr. Chon operates under the screen name Condia; he is widely regarded as the most skilled competitor in daily fantasy sports, and placed second in FanTD's $500,000 Football championship in December 2013. Mr. Dunham uses the screen name 1ucror and has participated in hundreds of thousands of daily fantasy sports contests.
MGT Provides Litigation Update
PR Newswire - Tue Jan 28, 8:34AM CST
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that the U.S. District Court for the Southern District of Mississippi has issued an Order setting the timeline for electronic discovery and the Claim Construction Hearing in MGT Gaming's patent infringement lawsuit.
Pre-Market Update: MGT Capital Investments, National American University Holdings and Actinium Pharmaceuticals
PR Newswire - Thu Jan 02, 6:00AM CST
MGT Capital Investments, Inc. (NYSE: MGT) is a holding company that just saw one of its subsidiary companies FANTD LLC set a new record for the highest single-day payout of half a million dollars to its online gamers. Use the following link to learn more about MGT: MGT Research Report
MGT Enters into At the Market Offering Agreement
PR Newswire - Tue Dec 31, 7:57AM CST
On December 30, 2013, MGT Capital Investments, Inc. (NYSE MKT: MGT) entered into an At the Market Offering Agreement (ATM) with Ascendiant Capital Markets, LLC. Pursuant to the Agreement, the Company may offer and sell shares of its common stock having an aggregate value of up to $8,500,000 from time to time. Any shares sold will be issued pursuant to the Company's existing effective shelf Registration Statement on Form S-3 filed with the Securities and Exchange Commission on September 25, 2012, as updated by a prospectus supplement.
MGT Announces Winners of Fanthrowdown Football Championship
PR Newswire - Thu Dec 26, 11:37AM CST
MGT Capital Investments, Inc. (NYSE MKT: MGT) would like to congratulate the winners of the FanTD Football Championship. The participation rate was outstanding as the championship game filled to maximum capacity and the website paid out $500,000 to approximately one hundred of its players in the tournament. This figure represents the highest ever single-day payout by FanTD.
MGT Provides Details for Corporate and Strategic Update
PR Newswire - Mon Dec 16, 8:00AM CST
As previously announced, MGT Capital Investments, Inc. (NYSE MKT: MGT) will hold an investor conference call on Tuesday, December 17, 2013 to provide a summary of recent corporate transactions. Management will also discuss its goals and outlook for 2014, and answer questions from participants.
MGT Capital Asserts New Patent in Infringement Lawsuit
PR Newswire - Mon Sep 09, 8:00AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that its majority owned subsidiary MGT Gaming, Inc. was recently granted U.S. Patent No. 8,500,554 (the "554 Patent" , directed to a gaming system in which a bonus game is played on an interactive display.
BUYINS.NET Issues MGT Capital Investments, Inc. SqueezeTrigger Report
PR Newswire - Fri Sep 06, 8:45AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) has been informed today that BUYINS.NET a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance has initiated coverage on MGT after releasing the latest short sale data through September 4, 2013. According to BUYINS.NET: 1.) The total aggregate number of shares shorted since March 2012 is approximately 6.35 million shares; 2.) Approximately 25% of daily trading volume is short selling; 3.) The SqueezeTrigger price for all MGT shares shorted is $4.26; and 4.) A short squeeze has just begun as the stock closed above its $4.26 SqueezeTrigger price.
BUYINS.NET Issues MGT Capital Investments SqueezeTrigger Report
M2 - Thu Sep 05, 11:06PM CDT
BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on MGT Capital Investments (NYSE MKT: MGT) after releasing the latest short sale data through September 4, 2013. The total aggregate number of shares shorted since March 2012 is approximately 6.35 million shares. Approximately 25.29% of daily trading volume is short selling. The SqueezeTrigger price for all MGT shares shorted is $4.26. A short squeeze has just begun as stock closed above its $4.26 SqueezeTrigger price.
MGT Capital Acquires Online Poker Technology
PR Newswire - Wed Sep 04, 8:15AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that its majority owned subsidiary MGT Interactive, LLC has acquired certain assets from Gioia Systems LLC, the inventor and owner of a proprietary method of card shuffling for the online poker market. Trademarked under the name Real Deal Poker, the technology uses patented shuffling machines, along with permutation re-sequencing, allowing for the creation of up to 16,000 decks per minute in real time. Each newly created deck is then "dealt" for a hand of online poker, complete with burn cards and the option for a player to "cut" the deck. In addition to providing a higher level of realism, each deck provides an authentic randomized deal and full audit trail; both missing from currently used random number generating algorithms.
Faruqi & Faruqi, LLP Launches An Investigation Against MGT Capital Investments, Inc. (MGT) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors
Business Wire - Sat Aug 17, 9:00AM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of MGT Capital Investments, Inc. ("MGT Capital" or the "Company" (NYSE MKT: MGT) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders' approval for an amendment of the Company's 2012 Stock Incentive Plan.
MGT Capital Investments, Inc. Receives Additional U. S. Patent
PR Newswire - Tue Aug 06, 11:14AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that it has been issued United States Patent number 8,500,554 entitled, "Gaming device having a second bonusing event" (the "'554 Patent" . The '554 Patent is a continuation of the key patent already owned by the Company and can be viewed at:
MGT Announces Strategic Review
PR Newswire - Tue Jul 08, 7:20AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) today announced that the Company 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 Gaming to Focus its Litigation Efforts Against Aruze Gaming America
PR Newswire - Tue Jul 08, 7:15AM CDT
MGT Gaming, Inc. a subsidiary of MGT Capital Investments, Inc. (NYSE MKT: MGT) today announced that it has made a strategic decision to focus its resources and litigation efforts against Aruze Gaming America, Inc. in the United States District Court for the Southern District of Mississippi (Jackson Division), in which MGT Gaming alleges infringement of U.S. Patent Nos. 7,892,088 and 8,500,554 by Aruze Gaming America's products known by the trade names "Paradise Fishing" and "Amazon Fishing." Accordingly, MGT Gaming has dismissed its lawsuits against WMS Gaming Inc.
MGT Capital Investments, Inc. Comments On Notice Received From Iroquois
PR Newswire - Tue Jul 01, 11:22AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) (the "Company"
today confirmed receipt of a notice from Iroquois Master Fund Ltd. ("Iroquois" , announcing its intention to nominate a slate of four directors to stand for election at the Company's 2014 Annual Meeting of Stockholders. Iroquois Capital Delivers Letter to MGT
PR Newswire - Mon Jun 09, 7:46AM CDT
Iroquois Capital Management, LLC (together with its affiliates, "Iroquois"
, the largest unaffiliated shareholder of MGT Capital Investments, Inc. ("MGT" or the "Company" (NYSE: MGT) with beneficial ownership of approximately 9.99% of the outstanding common stock of the Company, today announced that it has delivered a letter to the Company's Board of Directors. Iroquois also announced it filed a Schedule 13D amendment with the SEC earlier today to disclose that it has recently increased its economic stake in MGT. MGT Announces Exclusive Launch of Skill Based Gaming Site, MGTplay.com
PR Newswire - Wed Jun 04, 1:45PM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) is excited to announce the commercial launch of its real money skill-based gaming website, www.mgtplay.com. The site offers a multitude of professionally designed games allowing registered players the opportunity to wager and win cash, in one-on-one play or tournaments. Skill-based games allow players to compete head-to-head with one another via the Internet for small stakes.
MGT Acquires DraftDay.com
PR Newswire - Tue Apr 01, 8:03AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that it has entered into an asset purchase agreement with CardRunners Gaming, Inc. to acquire the DraftDay fantasy sport business and software platform. MGT will pay $600,000 in cash and approximately 100,000 shares of common stock to acquire the DraftDay assets. The transaction is expected to close within one week.
MGT Teams Up with VegasInsider.com
PR Newswire - Wed Mar 19, 9:40AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that it has entered into a revenue share agreement with VegasInsider.com, Inc., whereby MGT subsidiaries, FanTD, LLC and MGT Sports, Inc. will exclusively provide the technology infrastructure enabling VegasInsider.com to offer a self-branded daily fantasy sports platform to its user base.
MGT Subsidiary Inks Top Fantasy Sports Gamers
PR Newswire - Wed Mar 05, 1:26PM CST
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that its majority owned subsidiary FanTD LLC has entered into an incentive-based consulting and marketing agreement with an entity formed by Nicholas Dunham and Charles Chon, each of whom are leading daily fantasy sports players. The exclusive relationship will entail input on site design and functionality in order to enhance the player experience, and promotion of the site through a variety of channels, including audio and video media and high visibility events. Mr. Chon operates under the screen name Condia; he is widely regarded as the most skilled competitor in daily fantasy sports, and placed second in FanTD's $500,000 Football championship in December 2013. Mr. Dunham uses the screen name 1ucror and has participated in hundreds of thousands of daily fantasy sports contests.
MGT Provides Litigation Update
PR Newswire - Tue Jan 28, 8:34AM CST
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that the U.S. District Court for the Southern District of Mississippi has issued an Order setting the timeline for electronic discovery and the Claim Construction Hearing in MGT Gaming's patent infringement lawsuit.
Pre-Market Update: MGT Capital Investments, National American University Holdings and Actinium Pharmaceuticals
PR Newswire - Thu Jan 02, 6:00AM CST
MGT Capital Investments, Inc. (NYSE: MGT) is a holding company that just saw one of its subsidiary companies FANTD LLC set a new record for the highest single-day payout of half a million dollars to its online gamers. Use the following link to learn more about MGT: MGT Research Report
MGT Enters into At the Market Offering Agreement
PR Newswire - Tue Dec 31, 7:57AM CST
On December 30, 2013, MGT Capital Investments, Inc. (NYSE MKT: MGT) entered into an At the Market Offering Agreement (ATM) with Ascendiant Capital Markets, LLC. Pursuant to the Agreement, the Company may offer and sell shares of its common stock having an aggregate value of up to $8,500,000 from time to time. Any shares sold will be issued pursuant to the Company's existing effective shelf Registration Statement on Form S-3 filed with the Securities and Exchange Commission on September 25, 2012, as updated by a prospectus supplement.
MGT Announces Winners of Fanthrowdown Football Championship
PR Newswire - Thu Dec 26, 11:37AM CST
MGT Capital Investments, Inc. (NYSE MKT: MGT) would like to congratulate the winners of the FanTD Football Championship. The participation rate was outstanding as the championship game filled to maximum capacity and the website paid out $500,000 to approximately one hundred of its players in the tournament. This figure represents the highest ever single-day payout by FanTD.
MGT Provides Details for Corporate and Strategic Update
PR Newswire - Mon Dec 16, 8:00AM CST
As previously announced, MGT Capital Investments, Inc. (NYSE MKT: MGT) will hold an investor conference call on Tuesday, December 17, 2013 to provide a summary of recent corporate transactions. Management will also discuss its goals and outlook for 2014, and answer questions from participants.
MGT Capital Asserts New Patent in Infringement Lawsuit
PR Newswire - Mon Sep 09, 8:00AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that its majority owned subsidiary MGT Gaming, Inc. was recently granted U.S. Patent No. 8,500,554 (the "554 Patent"
, directed to a gaming system in which a bonus game is played on an interactive display. BUYINS.NET Issues MGT Capital Investments, Inc. SqueezeTrigger Report
PR Newswire - Fri Sep 06, 8:45AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) has been informed today that BUYINS.NET a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance has initiated coverage on MGT after releasing the latest short sale data through September 4, 2013. According to BUYINS.NET: 1.) The total aggregate number of shares shorted since March 2012 is approximately 6.35 million shares; 2.) Approximately 25% of daily trading volume is short selling; 3.) The SqueezeTrigger price for all MGT shares shorted is $4.26; and 4.) A short squeeze has just begun as the stock closed above its $4.26 SqueezeTrigger price.
BUYINS.NET Issues MGT Capital Investments SqueezeTrigger Report
M2 - Thu Sep 05, 11:06PM CDT
BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on MGT Capital Investments (NYSE MKT: MGT) after releasing the latest short sale data through September 4, 2013. The total aggregate number of shares shorted since March 2012 is approximately 6.35 million shares. Approximately 25.29% of daily trading volume is short selling. The SqueezeTrigger price for all MGT shares shorted is $4.26. A short squeeze has just begun as stock closed above its $4.26 SqueezeTrigger price.
MGT Capital Acquires Online Poker Technology
PR Newswire - Wed Sep 04, 8:15AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that its majority owned subsidiary MGT Interactive, LLC has acquired certain assets from Gioia Systems LLC, the inventor and owner of a proprietary method of card shuffling for the online poker market. Trademarked under the name Real Deal Poker, the technology uses patented shuffling machines, along with permutation re-sequencing, allowing for the creation of up to 16,000 decks per minute in real time. Each newly created deck is then "dealt" for a hand of online poker, complete with burn cards and the option for a player to "cut" the deck. In addition to providing a higher level of realism, each deck provides an authentic randomized deal and full audit trail; both missing from currently used random number generating algorithms.
Faruqi & Faruqi, LLP Launches An Investigation Against MGT Capital Investments, Inc. (MGT) For Potential Breaches Of Fiduciary Duties By Its Board Of Directors
Business Wire - Sat Aug 17, 9:00AM CDT
Juan E. Monteverde, a partner at Faruqi & Faruqi, LLP, a leading national securities firm headquartered in New York City, is investigating the Board of Directors of MGT Capital Investments, Inc. ("MGT Capital" or the "Company"
(NYSE MKT: MGT) for potential breaches of fiduciary duties in connection with their conduct in seeking shareholders' approval for an amendment of the Company's 2012 Stock Incentive Plan. MGT Capital Investments, Inc. Receives Additional U. S. Patent
PR Newswire - Tue Aug 06, 11:14AM CDT
MGT Capital Investments, Inc. (NYSE MKT: MGT) announced today that it has been issued United States Patent number 8,500,554 entitled, "Gaming device having a second bonusing event" (the "'554 Patent"
. The '554 Patent is a continuation of the key patent already owned by the Company and can be viewed at: 
