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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.
Back to December 2007 Archive.
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