Wednesday July 31,2013 : BIG DAY FOR DUTCH MOBILE GAMES DEVELOPER
Twentyfourseven Gaming lists on London AIM market today
Mobile gambling observers will be watching the AIM listing of Twentyfourseven Gaming in London today with interest.
The Netherlands-based company has plans to expand into the mobile gaming market, and enters AIM with 146.7 million shares, giving it a market value of GBP 66 million.
According to the CityAM newspaper, Twentyfourseven has not raised any capital, but it says it may do so later this year.
The company's website reveals that its casino games are powered by market leader Microgaming Ltd and Spin3, and that the company operates all real play components under an LGA Malta gambling licence.
Other products include game software for the gaming platforms by Sony, Microsoft, Nintendo and Apple.
Subsidiaries include WannaGaming, which was active in the mobile gambling and gaming industry for 4 years prior to its acquisition by 24/7 Gaming Group; WGM Ltd. on Malta, using brand name WannaGaming; and Playlogic Games BV which provides services to developers for the successful release of their games.