Casinos.co.uk: Casino News Archive
Friday 26th November 2004
VC gambles on Aim
Online gambling company Gaming VC Holdings is today expected to announce plans to float on Aim with a value of as much as €200m.
The group, which says it is the world's third-largest online casino operator by user numbers, plans to raise between €105m and €150m via the float before the end of the year. Gaming VC operates under the brand name casino-club.com.
The founding shareholder, a German businessman who wishes to remain anonymous, is selling to a group of four Americans led by former IBM/Lotus manager Steve Barlow, who will become chief executive.
Source:OnlineCasinoNews
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