Evolution Gaming To Float On Stockholm Stock Exchange

Listing is predicted to be over-subscribed

According to Swedish media, pre-marketing by SEB and Carnegie for live dealer company Evolution Gaming's IPO on the Stockholm Stock Exchange is in full swing.
The company founded by Jens von Bahr and Fredrik Ostberg in 2006 will effectively be valued at over 3 Billion after flotation according to breakout.se.
A term sheet details Evolution Gaming's 2014 revenues of Euro 48.5 million, EBITDA of Euro 17 million and compound annual growth of 33 percent from 2011 to 2014.
Although the IPO has yet to be officially announced, unidentified sources are quoted as saying interest among potential investors is very large and that the listing is predicted to be over-subscribed "several times".

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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