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Betcorp AIMs for fast-track listing
Australian internet gaming operator, Betcorp, is to list in London under the fast-track procedures of the Alternative Investment Market (AIM) early next year.
According to reports, Betcorp – which has an estimated market capitalisation of £30m – has appointed KBC Peel Hunt as adviser and will list on AIM shortly after its full-year results are announced in February.
Betcorp said it was undaunted by the recent volatility of internet gaming stocks and that the valuation of stocks in the gaming sector has been consistently higher than typically seen in Australia. Details: www.betcorp.com.au
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