Con and George Kafataris are looking at the possible listing of their online sportsbook, which they acquired from Jupiters Casino in 2003 for $46.5 million.
According to Australian media reports, Centrebet\’s turnover is in excess of $1 billion and the sportsbook is expected to be valued over $100 million.
Elsewhere, the Mohawks of Kahnawake are considering the acquisition of a 40 per cent stake in an Isle of Man company, Continent 8 Technologies, which intends to launch an initial public offering on London\’s AIM to raise money for an international network of computer centres to serve the online gambling industry.
Last Friday, in an interview to the Financial Times, Neil Goulden, Chief Executive of Gala Coral, laid out an 18-month timetable for a potential £5.5 billion float of Europe\’s biggest betting and gaming group. Goulden said the group is massively cash-generative and has a growth profile that makes it attractive. Gala has already been the subject of four private equity buy-outs. While Goulden did not rule out a fifth, he hinted that the public markets were his preferred exit route.
Calculators
