Casinos.co.uk: Casino News Archive
Monday 17th October 2005
Online Casino Software Provider Playtech Set For Flotation?
Turnkey online casino software provider Playtech has reportedly triggered plans for a listing on the London Stock Exchange (LSE).
Media reports say that Playtech officials have met with advisers in London over potential plans for an initial public offering.
A City source said the firm was looking at a possible listing on the LSE as soon as November this year.
But a spokesperson for Playtech played down the rumours saying the firm had no plans to list before the end of 2005.
A separate source close to Playtech said a trade sale was also a possibility.
He added the firm will be closely watching the market reception of casino firm Cassava / 888 Holdings, which started marketing for a September listing this week.
Source:OnlineCasinoNews
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