The company behind the Ultimate Bet online poker room may be seeking a London listing this year, in an effort to raise £75 million on AIM, the Alternative Investment Market. This is a rumor that was started last year in September when a new corporate advisor was added to the company, but gained new life when Excapsa Chief Executive Officer Jim Ryan recently paid a visit to London. Further reports suggest that as much as three times the subscribed offers were offered, a significant initial response.
Ultimate Bet poker room received management and software from Excapsa after the original software company was purchased. As for the intellectual property of Ultimate Bet; that is still owned by a third party.
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Online Poker Company Excapsa May Seek London Listing
By launchpoker, Feb 13, 2006
