Latest On Playtech Casino Provider Float

Published: Friday, March 24, 2006 Online-Casinos.com

PLAYTECH ONLINE CASINO SOFTWARE DEVELOPER FLOAT LATEST

Playtech Online Casino Software Provider IPO is Imminent

The flotation of online casino software developer, Playtech, has been more than five times covered at a price of around GBP 2.6 a share according to sources close to the flotation.

Playtech's IPO seeks to raise GBP 175 million, giving the onling casino gambling company a market value in excess of GBP 550 million, and dealing looks set to start around March 27.