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Public Listing an option for Centrebet

By Joni Hawk, May 11th 2006
Sydney bookmakers Con and George Kafataris came out with the arrangements on the share market with the listing of their online sports-betting shop, Centre bet, reported the Sydney Morning Herald

Con Kafataris said that “public listing was one possibility but we are still thinking at all options for the moment” Con Kafataris also said “A resolution was expected before the end of the calendar year”

"The brothers have sounded out brokers here, including Wilson HTM, and in Britain. The British association makes sense, not just because the company does a lot of its business in Europe (football is reputed to account for half of its bets).

"London's Alternative Investment Market has become a mecca for online gambling stocks and the Kafatarises don't have to look too far to see what a distinction a UK listing can make.

“About Centrebet financial situation we do not know too much but it is anticipated to be valued north of $100 million…"

Related News
Jun 29th 2006 Centrebet closed its $70 million float oversubscribed
Jun 2nd 2006 Centrebet expects market capitalization of $174 million
Oct 21st 2005 Online Casino Fights High-Tech Thugs
May 20th 2005 Offshore Sportsbook Face Crises

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