Tonker
- 05 Feb 2006 20:15
888 or
Partygaming
As far as I can see these two are the biggest in online gambling. But wich do you favour the most and why? I have hedged my bets and bought in to both... feeling that PRTY is too dependant on US customers, and could suffer another collapse like in late '05. I have done well on both though... look forward to your views
fez
- 08 Jun 2006 14:55
- 24 of 24
Thursday June 8 2006. By Matthew Garrahan, Leisure Industries Correspondent
The sale of 350m shares in PartyGaming on behalf of the group's four millionaire founders ran into trouble when only 200m shares were placed with investors.
PartyGaming shares fell 4p yesterday to close at 117p.
The founders had submitted themselves to a "lock-in" under which they agreed not to sell any stock for a period that would have expired in four weeks.
Having been allowed to waive that agreement by PartyGaming's broker, they have agreed to a new lock-in that lasts until the beginning of September, when the group reports interim results.