The gaming software provider appointed Daniel Stewart & Co., a London-based investment bank, as corporate advisor with the purpose of admitting the company\’s shares to the Alternative Investment Market (AIM) of the London Stock Exchange.
At the time of listing on AIM, additional capital may be raised through a limited placement of the company\’s ordinary shares with institutional holders.
During the fourth quarter of 2004, Sportingbet PLC, the company\’s major licensee, acquired an interest in World Gaming and took over responsibility for new software development.