Party Gaming IPO Back On Track
Published: Friday, June 24, 2005 Online-Casinos.com
PARTY GAMING IPO ON TRACK
Despite threats of US prosecution, the investors like this one
Fund managers planning an investment in Party Gaming have shrugged off the US
regulatory risks allegedly attached to the Gibraltar-based online poker operator
by placing sufficient orders for shares to ensure that the company will float
next week.
By Tuesday evening this week, well ahead of the listing date of June 27 the group's
book was fully covered, valuing Party Gaming within its indicated price range
of $8 billion - $9.2 billion (£4.4 billion - £5.04 billion).
