Jackpotjoy
Weighs Joining Online Casino IPO Rush
Jackpotjoy Weighs Joining
Online Casino IPO Rush By staffGaming Web site jackpotjoy.com
is considering an initial public offering, the finance
director of its parent company said on Monday. Jackpotjoy.com
may join several other online gaming companies to
list in London in recent months as online poker
and other Internet games surge in popularity.
'We're looking at strategic options, possibly a
float or an acquisition, but it's very early,' Michael
Mee, finance director at Gamesys, jackpotjoy.com's
parent company, told Reuters.
The Sunday Times newspaper said advisers valued
the company at around 100 million pounds. Last month
rival Web site PartyGaming raised over 4.6 billion
pounds in an initial public offering, valuing the
company higher than many British household names
such as British Airways and chemicals group ICI.
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