Investors Decide To Gamble On Poker Dot Com

from the poker-bubble dept

As expected, the somewhat questionable online gambling operation, PartyGaming, has gone public. Despite various worries and a lowered range, it appears that initial investors had no problems placing a few extra bets, as the stock quickly jumped on the London Stock Exchange, where it's listed. Of course, the company is listed in London, despite being based in Gibraltar, with most of its employees in India and most of its customers in the US, where the whole operation might just be illegal. Anyone want to make a bet that the founders (now billionaires) have learned enough about how this all works to cash out at least a few chips for when the poker bubble collapses?

Add Your Comment

Have a Techdirt Account? Sign in now. Want one? Register here
Get Techdirt’s Daily Email
Use markdown for basic formatting. HTML is no longer supported.
  Save me a cookie
Follow Techdirt
Insider Shop - Show Your Support!

Advertisement
Report this ad  |  Hide Techdirt ads
Essential Reading
Techdirt Deals
Report this ad  |  Hide Techdirt ads
Techdirt Insider Chat
Advertisement
Report this ad  |  Hide Techdirt ads
Recent Stories
Advertisement
Report this ad  |  Hide Techdirt ads

Close

Email This

This feature is only available to registered users. Register or sign in to use it.