“We think that there will be only three to five top online poker/casino businesses that will survive. We intend to be one of them and believe that being listed is a very important part of that,” said Patrik Selin, Chief Executive of Ongame, PokerRoom\’s holding company, in defiance of investor scepticism towards online gambling prompted by PartyGaming\’s share price tumble last week.
In separate news, as reported by eGaming Review, Cyprus-based software firm Playtech has met with advisers in London over potential exit plans with a listing on the London Stock Exchange believed to be the favoured option.
Analsyts believe the firm could potentially claim a valuation in excess of that attached to rival software firm CryptoLogic of £195m.