Online gaming company plans $300 million IPO

PlayTech, the online gambling software manufacturer is expected to set a $300 million in its IPO at the London AIM. The company which has produced customized gambling software for 37 online gambling groups is valued at over $950 million. It was founded in 1999 and since then it enjoys steady yearly profit rises. The Israeli founded company employs more than 230 people and it's expected to remain profitable in the future.

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