Got Online Gambling, Will Float

October 8 - The Online Gambling listing frenzy continues and it doesn't take long for the hustlers to join the fray. I did a double back somersault with a half Katchev off my chair when I received an Ezine this morning announcing the plans of the Crystal Online Casino Gambling group's intentions to list on the London Stock Exchange...

Crystal is made up of a Mongolian horde of RTG casinos owned by the now notorious and legendary (for all the wrong reasons) Warren Cloud. If you ever intend writing a book about bonus scams and other interesting online casino dealings, be sure to try and trace the tangled web of casinos / portals and backs of cigarette boxes he has been involved.

I will qualify, I have never met this gentleman. However, I have spoken to enough people, read enough message boards and listened to enough players to reach the conclusion that this group is to be avoided. According to the news article, the group are looking to appoint a "high powered" CEO, and are working hard to "clean up their image". Dare I remind anyone that the CEOs of Enron and WorldCom were also "high powered".

Oh, the market cap is anticipated to be a staggering 250 million sterling. Give the guy credit for one thing, he knows how to make money, however it can be done. This is going to be interesting to watch...

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