Online gambling group Aims to snap up the competition
By paul
How do you make money through online gambling? Well, you could become a bonus hunter, or you could run one of the myriad gambling sites out there. That’s what Interactive Gaming Holdings aims to do, and it hopes to raise £4 million through a flotation on London’s AIM stock exchange. (note to Ed: When’s the IPO!)

The company plans to float by the end of November, and said £500,000 of the money raised will be put towards its £2.5 million acquisition of gambling.com. Gambling.com made £1.6million profit before interest and goodwill last year, which it earned through content and advertising services

The company is looking to add casino, bingo and lottery sites to its existing 1,100-strong network. The man behind the network is Thomas Taule, who was previously head of the online search site iSleuth.

 
 
 
 
 
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