Mystery buyer makes approach for Gaming VC Holdings

Leisure Report, May, 2008

Gaming VC Holdings said it had received a preliminary approach which could lead to an offer being made for the company, as Leisure Report went to press.

The company said further announcements would be made when appropriate. The UK-listed firm is based in Luxembourg and provides casino, poker and skill games in European markets, with a particular focus on the German market.

Activist shareholder Audley Capital Management is among the early favourites to be the mystery bidder, but nobody from either party was available for comment.

In a trading statement in December, Gaming VC said current trading was ahead of expectations for the year.

COPYRIGHT 2008 William Reed Ltd.
COPYRIGHT 2008 Gale, Cengage Learning
 

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