|Gaming VC Hldgs
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|Aye, the have. thread link is http://www.advfn.com/cmn/fbb/thread.php3?id=8154499|
|They have now changed their epic to GVC!|
25th November The Guardian
Gaming VC gambles on Aim
Online gambling company Gaming VC Holdings is today expected to announce plans to float on Aim with a value of as much as 200m.
The group, which says it is the world's third-largest online casino operator by user numbers, plans to raise between 105m and 150m via the float before the end of the year. Gaming VC operates under the brand name casino-club.com.
The founding shareholder, a German businessman who wishes to remain anonymous, is selling to a group of four Americans led by former IBM/Lotus manager Steve Barlow, who will become chief executive.
16th Dec The FT
Gaming VC to raise £81m
By Peter John
Published: December 17 2004 02:00 | Last updated: December 17 2004 02:00
Gaming VC , the internet gambling group, plans to raise £81m when it floats on Aim next Tuesday.
The group expects to have a market capitalisation of about £130m assuming it sells 31.1m shares at 420p. The predicted valuation is at the high end of earlier forecasts of 150m to 200m (£103m to £138m).
Most of the money raised will be used to buy out the company from the founder, a German publisher who the company has refused to name, and working capital will come from cash generation.
The company, which is advised by Collins Stewart, operates virtual roulette as well as a gambling magazine in Germany and hopes to roll out local versions of its site throughout most of the EU. It also intends to buy a sports betting operation and poker business.
December 21, 2004
Rumour of the day:
Gaming VC, one of the biggest AIM floats this year, is tipped to make a strong debut today. Collins Stewart sought to raise £40 million for the online casino operator but heavy demand has brought the sum to £81 million. With buy orders put at £170 million, the shares, placed at 420p, are expected to breach 500p
21st December. The Guardian
Finally, keep an eye on Gaming VC Holdings. Shares in the company, which claims to be the world's third largest on-line casino operator, start trading on Aim this morning at 420p, following an £80m share placing by broker Collins Stewart.
22nd December. The Guardian.
On the Aim, Gaming VC Holdings, an online gaming company, got off to a solid start. Placed at 420p, its shares closed at 450.5p. The bulk of the £80m listing proceeds will be used to acquire the assets of the German company Casino-Club.|
|Company just floated on AIM.Up 30p on the day.What info do we have on this company apart from main brand being casino-club.com ?|
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