PartyGaming Goes Public

27 Jun 2005

LONDON – As reported by Reuters: "Online casino PartyGaming priced its initial public offering Monday, putting it on course to enter Britain's FTSE 100 index of leading shares with a value of 4.6 billion pounds (US$8.5 billion).

"The well-subscribed offer values PartyGaming higher than many British household names such as British Airways and chemicals group ICI, and is the biggest flotation since Dimension Data floated for £6 billion in July 2000.

"…'The listing will reinforce the group's position as one of the world's leading online gaming companies and enhance the group's profile as we seek to expand internationally,' Chief Executive Richard Segal said in a statement.

"The pricing was just below the midpoint of PartyGaming's indicative range of 111 to 127 pence…"

Language: English Location: Currency: > edit my preferences Home Online Slots Live Dealer Games Online Casinos Online Poker Online Bingo Games Lotteries Sports & Racebooks Fantasy Sports Forex Betting Exchanges Spread Betting Binary Options Exclusive Bonuses Weekly Newsletter Online Gaming News Payment Methods Gaming Software Gaming Site Owners Gaming Jurisdictions		Bonuses! New games! Gossip! And all the player news you can handle. Sign up NOW! View the current issue
	PartyGaming Goes Public 27 Jun 2005 <a href='https://ad.casinocity.com/adclick.php?n=a21efcd1'><img src='https://ad.casinocity.com/adview.php?what=-site:vendors/width:250/RON&n=a21efcd1' border='0' alt='' /></a> LONDON – As reported by Reuters: "Online casino PartyGaming priced its initial public offering Monday, putting it on course to enter Britain's FTSE 100 index of leading shares with a value of 4.6 billion pounds (US$8.5 billion). "The well-subscribed offer values PartyGaming higher than many British household names such as British Airways and chemicals group ICI, and is the biggest flotation since Dimension Data floated for £6 billion in July 2000. "…'The listing will reinforce the group's position as one of the world's leading online gaming companies and enhance the group's profile as we seek to expand internationally,' Chief Executive Richard Segal said in a statement. "The pricing was just below the midpoint of PartyGaming's indicative range of 111 to 127 pence…"