Casinos.co.uk: Casino News Archive
Friday 8th February 2008
Devilfish To Go Public
Online casino DevilfishPoker.com is to go public with a $6.29 million float on London’s Plus Markets equity stock exchange.
Founded by English land and online poker professional Dave ‘Devilfish’ Ulliott and chaired by biotech entrepreneur Kevin Leech, DevilfishPoker.com has hired Hichens, Harrison and Company to advise on the float. The float could raise around $1.96 million from the float to give it a market value of $6.28 million.
The Kahnawake-licensed website claims more than 6,000 mainly UK registered users with 700 real-money players and prohibits American players in order to guard against business and legal complications.
Although Ulliott does not sit on the company’s board, he is the largest shareholder with a 27.8 percent followed by Leech. Paul Barnes, a management consultant with a decade of experience in online gambling including work with Access Gaming in Ireland, serves as the company’s chief executive.
Source:OnlineCasinoNews
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