Despite negative publicity and regulatory risks associated with the legality of online gambling in the US, sources “close to the company” confirmed that the order book has been fully subscribed and the initial public offering will get away within the price range set by Dresdner Kleinwort Wasserstein.
Spread betting bookmakers raised their expectations of where the shares will trade. Cantor Index predicts shares will trade at 118-120-1/2p shortly after the debut, while IG Index has a 117-122p price range.
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