LANIR STILL CONFIDENT IN EMPIRE ONLINE FUTURE

12 January 2007

He may have sold up to Party Gaming, but this Internet entrepreneur is still investing

Israeli Internet marketing entrepreneur Noam Lanir recently baled out of the online gambling sector by selling his Empire Online group to Party Gaming for almost $38 million, but he clearly still has confidence in the company's future, reports The Times, disclosing that the thirty-something executive is still buying up shares.

The newspaper reported: "Chief executive Noam Lanir, through his company Groverton Management, has shown his confidence in the move by snapping up 5.5 million shares for GBP 2.34 million…"

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