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Playtech getting ready to float

Discussion in 'Casino Industry Discussion' started by Casinomeister, Sep 26, 2005.

    Sep 26, 2005
  1. Casinomeister

    Casinomeister Forum Cheermeister Staff Member

    PlayTech mulls London IPO

    The company value for the issue could reach hundreds of millions of dollars.

    Tali Tsipori 26 Sep 05 14:13

    The slide in online gaming company shares in London apparently is not deterring PlayTech Cyprus Ltd. controlling shareholder Teddy Sagi. PlayTech develops operating and management software for online gaming sites. According to reports over the weekend, PlayTech has taken its first steps towards an IPO on the London Stock Exchange (LSE).

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  2. Oct 7, 2005
  3. mary

    mary Dormant account

    Of interest from the article. I don't think Playtech is up there with Cryptologic in reputation. Interesting that Elad was in charge of a company that was delisted, that tends to be a bit offputting. And the usual porno connection...

  4. Oct 9, 2005
  5. Simmo!

    Simmo! Moderator

    Web Dev.
    Seems like the bandwagon is well and truly rolling. Not a bad thing for the industry at all. Even if share prices fall to more, ahem, realistic levels, the regulation afforded by listing is much needed in an industry that craves credibility IMHO.
  6. Oct 14, 2005
  7. scrollock

    scrollock Senior Member

    boro, uk
    i think a lot of these firms as rushing to a listing because it looks like the bubble is going to burst on them soon, in the same way it did with all those internet stocks a few years ago.

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