Betex
Moves Onto AIM
As reported by the UK Independent:
"This week sees the arrival on the London
market of a company looking to cash in on the
Chinese passion for gambling. Betex is due to
move up to the AIM from Ofex on Friday, having
raised a fresh £12.5m via its broker,
Cenkos, at 34p.
"…
It already manages the state-run sports lotteries
in two Chinese provinces and is hoping to secure
further such deals in the coming year.
"…The
lottery is the only form of legalised gambling
in the country for now.
"…On
Friday its shares closed at 43p…"
|
