Devilfish Poker Set to Float

Devilfish Poker Set to Float

Friday, 8 February 2008

Devilfish Gaming, the company which operates the Devilfish poker site, is stepping out according to The Times. Reports indicate the company will take the firm public, planning a £3.

Devilfish Gaming, the company which operates the Devilfish poker site, is stepping out according to The Times. Reports indicate the company will take the firm public, planning a £3.2 million listing on the Plus Markets in London.
The company is named after well known pro David ‘Devilfish’ Ulliott, and has biotech entrepreneur Kevin Leech at the helm.
The site, which boasts more than 6,000 registered users, consists mainly of UK players, and doesn’t allow American access to the site. According to the site, about 700 of their players are playing the real-money games.
Ulliott’s company hopes to raise around £1 million from the floatation, with the company having a market value of £3.2 million. As yet it is not clear when dealings in the shares will commence.
Devilfish Gaming is one of the few companies that have floated in the industry since the passage of the UIGEA in America in the autumn of 2006.



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