Fairground London listing success
Fairground Holdings, the listed investment company with links to software firm Microgaming, saw its share price jump over 150% following its listing on the London Stock Exchange this week.
The Isle of Man-based firm raised 3.8m through the listing to fund acquisition of smaller casino, poker, bingo and skill gaming sites.
Fairground has access to a cash pile of 8m, and is expected to target some of the smaller casino and poker sites in the Microgaming portfolio.
And investors clearly backed the plan, sending share prices rocketing from a listing price of 50p to almost 120p a share at the time of [more ...]
Bronson - bronson@pokertourinfo.com
Phantom Fiber powering m-gaming
Mobile technology firm Phantom Fiber has announced the launch of several mobile casinos on a range of US-facing sportsbook sites.
The products are the result of a link-up with sportsbook software firm DGS, and a similar rollout is planned later in the year for a range of RealTime Gaming powered casino sites.
Jeff Halloran, President and CEO for Phantom Fiber said mobile gaming had finally arrived. Mobile gambling is becoming the predominant marketing channel to acquire new customer, Haolloran said.
Bronson - bronson@pokertourinfo.com
Online Poker's First Millionaire crowned in Paradise
NEW YORK, Sept. 26 /PRNewswire/ - After battling 3,900 opponents online, Lee Biddulph, a 28 year old chef from Blackpool, England has walked away with $1 million dollars, the winner of ParadisePoker.com's first Million Dollar Free online poker tournament. This is the world's largest online poker tournament prize ever, and it was absolutely free to participate!The final table, which was played out in a mystery tropical location, was made up of nine amateurs, eight from the U.S. who beat out almos
Poker shares take another big hit
Empire Online s share price fell by a third today and other egaming stocks fell sharply as edgy investors gave the sector another body blow.
Empire s value fell by over US$ 0.3bn following the announcement PartyGaming has set up a new operating platform solely for PartyPoker.com.
Empire Poker, the poker room owned by Empire Online, will now share a separate player pool with Party s other skins, Coral, Intertops and Multipoker.
Bronson - bronson@pokertourinfo.com
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