For half of the founding duo of the online poker company PartyGaming, this has been a profitable week, but a week of change. Vikrant Bhargava, who founded PartyGaming with Anurag Dikshit, sold off his 160 million shares at 30.5p each, resulting in £49m for the 34-year-old. Bhargava is not out to retire, however, having his new hedge fund called Sirius in which to utilize his cash surplus. Bhargava left PartyGaming in August last year - had he sold his shares then, or when they were at their peak at £1.72, his take would have been closer to £275 million.
Online Poker Room Share Sale £49m
Published on Jan 13, 2007
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