The Chief Executive of Cassava Enterprises, owner of online casino 888.com, is set to make as much as $60m when the company floats on the London Stock Exchange as early as next month.
Cassava Enterprises, which this year delivered a profit before tax of $70m, recently appointed HSBC to advise on its strategic options and has an IPO as the favoured route.
The initial public offering is expected to value the company at more than $1.5bn, with Anderson, who joined Cassava in 2001, understood to hold a 4% stake in the firm.
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