Online Casino Software Provider Playtech Set For Flotation?
By staff
Turnkey online casino software provider Playtech has reportedly triggered plans for a listing on the London Stock Exchange (LSE).

Media reports say that Playtech officials have met with advisers in London over potential plans for an initial public offering.

A City source said the firm was looking at a possible listing on the LSE as soon as November this year.

But a spokesperson for Playtech played down the rumours saying the firm had no plans to list before the end of 2005.

A separate source close to Playtech said a trade sale was also a possibility.

He added the firm will be closely watching the market reception of casino firm Cassava / 888 Holdings, which started marketing for a September listing this week.

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