Asian Online Slots Looking for New Home
AsianLogic is looking to become the first Asia based gambling firm to get their name on the London Stock Exchange. The online slots company handles online casinos, online slots and betting software, and would like to move into the realm of the LSE by moves that they are currently planning.
The company has been working hard since 2002 to bring their special brand of online slots distribution and reselling to the markets across Asia and they see more than 90% of their profits coming from that area. Former Playtech Chief Executive Tom Hall is running the online slots company, and they are planning a $100 million pre-Christmas floatation on the Alternative Investment Market.
Hall says that they already offer ten Asian online slots and gambling sites, and they offer other online casinos their favorite online slots and poker games. They are planning on using the money from the proceeds and buying stakes in rivals, as well as developing slots for other Asian markets like Macau.
The online slots company is plenty diversified in that they offer online slots, poker, and sports betting, as well as 24 hour live video feeds of Pilipino croupiers and dealers. The company also runs a consulting business for their Asian clients and has stakes in several different slots companies.
The company is known for its ties to places like Betfair, Playtech, and NETeller, and is looking to expand. Experts say that the way the company has expanded over the years sets them up for a long road of success.
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