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French online Gambling Group Launching IPO
4/1/10 - The French online and land gambling corporate Groupe Lucien Barriere plans to launch its initial public offering (IPO) at the end of June, reports the Reuters news agency, quoting unconfirmed reports on the usually reliable French website Wansquare.
The report named banks Lazard-Natixis, Societe Generale and BNP Paribas as companies working on the listing, claiming that the move could see French hotel and services group Accor selling part or all of its 49 percent stake in Barriere.
Accor chief executive Gilles Pelisson said in February this year that the group hoped to sell its stake in Lucien Barriere, possibly through an IPO, sometime in 2010. The strategy behind the sale is one designed to split Accor's hotel division, including luxury brand Sofitel and budget chain Ibis, from its other interests.
Reuters reports that Groupe Lucien Barriere is 51 percent owned by the Desseigne-Barriere family, which also owns over 70 percent of SFCMC (La Societe Fermiere du Casino Municipal de Cannes). The casinos division of the group includes online 3D operation Le Croupier.com and 40 land casinos across France and Europe, with a quarter of approved slot machines and half of all gaming tables in the French market.
Gambling News :
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
Pokerstars Pulls Out Of Coloumbia -
Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.
The Railbird Launched By Americas Card Room #acra -
Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.
Huge Caribbean Hold’Em hit at Bovada Casino -
A progressive jackpot strikes again! This time it was at Bovada Casino, where a Texas player landed the top hand playing Caribbean Hold’Em over the weekend. A grand total of $119,348 was collected from the poker-inspired table game.
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