August 25 - If latest Media reports can be believed, Cassava
Enterprises looks sure to list on the London Stock exchange soon. After the
successful listing by
PartyPoker earlier this year, this online poker and casino gambling operator
is estimated at a market cap of £700 million ($1.3bn). Reports have it
that the listing is likely to happen next month.
Financial Times in London reported that the listing may even happen as soon
as 1 September. HSBC reportedly will mange the share and London based brokerage
Panmure, Bridgwell and Numis will be the stock traders. Cassava boasts over over
20 million subscribers The company is based in Gibraltar and will be listed on
the London Stock Exchange.
Cassava is co-owned by two Israeli families, and run leading gambling sites
like
888.com and
Pacific
Poker.
Related Gambling Articles:
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