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Story URL: http://www.silicon.com/research/specialreports/gambling/0,3800010160,39153184,00.htm
Two more online games sites prepare to go public
Buy or be bought
By Jo Best
Published: Monday 10 October 2005
Following the recent IPOs of 888.com and Partygaming.com earlier this year, two more online gaming websites are looking to go public.
According to a report in The Independent on Sunday, Isle of Man-based Trident Gaming, which recently acquired Gamebookers, is looking to float as early as next spring.
CEO John O Malia told the paper that Trident Gaming is looking at the move as one way to keep up with the rapid changes - particularly the trend towards consolidation - in the market.
He said: "We have to make sure we are structured in a way that we can take advantage of this and be part of that trend. In this climate, that in effect necessitates a public equity structure."
Online games site Gameaccount is also planning its own IPO, which could value the company at around £100m, according to reports.
The London listing is planned for some time this year.
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