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Centrebet IPO Set for July 12th
CentreBet will become a publicly-traded company.
Monday, June 05, 2006
AUSTRALIA – As reported by the Age: "Online wagering and gaming company Centrebet is placing its bets on a new generation of sport and poker lovers as it looks to raise $70 million and list
CentreBet will become a publicly-traded company. on the stock market.
"The company, owned by Sydney's wealthy Kafataris family, expects to list on the Australian Stock Exchange on July 12, after offering 35.11 million shares at $2.00 each to the public.
"The family bought the Alice Springs based-Centrebet from Jupiters Casino in 2003 for $46.5 million.
"Centrebet expects to have a market capitalisation of $174 million upon listing.
"…Centrebet has a current client base of more than 60,000 active customers across Australia and Europe…"
CentreBet
PO Box 1462
Alice Springs NT 0871
Australia
Alice Springs NT 0871
Australia
| Centrebet Pty Ltd was founded in 1992. In 1996, and was the first licensed bookmaker in the Southern Hemisphere to offer online sports betting. In November 2003 Centrebet was purchased by the SportOdds Group. SportOdds is Australia's largest, privately owned sports betting company. SportOdds has licences in the Australian Capital Territory, Northern Territory, Western Australia and the United Kingdom, with its administration headquartered in Sydney. |