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Pegasus Gaming
talking with International companies
September 7
Pegasus Gaming Corp., an online casino software and e-commerce
services company servicing clients from Europe and Africa, has announced
it has entered into serious negotiations with several parties for their
online casino platform. Negotiations have already started with 5
separate companies based in South Africa, the United Kingdom and the
Netherlands. If Pegasus comes to terms with any of the potential
licensees, work will begin behind the scenes to build a customized
online gaming Web site, tailored to each licensee's particular needs.
Online casino gaming is a $10 billion per year industry, with
continued growth in the future. On June 27, Gibraltar-based Party
Gaming, the company that owns PartyPoker.com, jumped onto the London
Stock Exchange with a value of $9 billion. Securing a spot in the
prominent FTSE 100 index of the UK's top companies, the
company's IPO was the largest on the LSE in five years. More recently,
Cassava Enterprises said it will list on the London Stock Exchange, for
its online casino 888.com, and is expected to be valued at 700 million
pounds ($1.28 billion).
Online gaming transactions such as theses are remarkable and are only
part of what is to come.
Established players in this field stand to reap the huge benefits of
this booming online industry.
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