poker logo Live Chat Player Zone Download Poker   Poker Info
DATE: May 25 2012
TIME :
home download promotions tournaments how to play poker help poker forum

   Poker.co.uk - Poker news archive
Download
Affiliates
Support
Site Map
The Gambling Network
Poker
Gambling Forum
Poker Forum
Bingo
Poker Domain Names

Poker.co.uk - Poker News Archive

Tuesday 2nd August 2005

Online Casino CEO set to make $60 million



The CEO of Cassava Enterprises, owner of online casino 888.com, is set to make $60 million when the company floats on the London Stock Exchange next month. This happens just several months after the world’s largest Internet poker company, PartyGaming, floated on the London Stock Exchange in June, awarding the board massive pay outs.

Cassava Enterprises’ initial public offering (IPO) is expected to be worth over $1.5 billion, which in turn will provide an estimated $70 million in gross earnings. HSBC has been hired to counsel the Internet gambling operator on the matter in a hope to follow in PartyGaming’s footsteps.



Source: OnlineCasinoNews


View Similar Stories
Online Casino 888.com Announce Intention to Float
Asian Online Casino to Float on LSE
Online Casino Set to Make Its Mark Offline
Online Casino’s Wild Card Poker II Set For Launch
Online Casino Deals A New Set of Cards


Discuss this story in the Poker Forum. Last 5 Posts:
Friday 25th May, 2012:   One way poker Swapsies
Friday 25th May, 2012:   $1500 WSOP opening event.
Friday 25th May, 2012:   WSOP Fantasy Draft 2012
Friday 25th May, 2012:   WH Poker and WH Points
Friday 25th May, 2012:   New Bap - Night 2

 
Poker.co.uk is part of The Gambling Network | Terms and Conditions | Privacy Policy | Contact Us | Gamble Aware
Poker.co.uk is operated by InTouch Poker Ltd (hereinafter called the "Company"), a limited liability company with registration number C44236, registered in Malta (a member of the EU since May 2004). The Company’s registered address is at Vincenti Buildings, Suite 623, 14/19 Strait Street, Valletta VLT 1432, Malta. The Company operates the Poker.co.uk online poker room under a provisional license issued and regulated by the Lotteries and Gaming Authority ("LGA") of Malta (issued on 2 December 2008, number LGA/CL3/412/2007). The software used for operating the Poker.co.uk online poker room is licensed from Boss Media Malta Poker Limited. Our services are not available to residents of the United States, US Virgin Islands, US Minor Outlying Areas or Turkey or any other jurisdiction that legally prohibits its citizens from engaging in online gaming.