The world's largest online gambling software developer Playtech is looking to raise £100 million through a public offering of company shares. The money will be used for future investments and joint ventures.
888poker has announced an impressive interim result, which points to the operator as one of the market's fastest growing companies. Revenue from poker on 888.com has gone up by 22% in just six months.
Betfair's recent flotation on the London Stock Exchange has valued the company at $2.2 billion. Betfair sold more than 15% of its company shares at £13 a piece to raise capital.
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