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Poker Firm Stakes Claim

Last updated: 13/03/2008 16:59

Online gaming firm Cassava Enterprises, which owns the 888.com poker website, is preparing to fund a large takeover by floating on the London Stock Exchange. The firm is being linked with a possible bid for rival PokerStars, the world's second-largest internet poker firm, industry insiders believe.

 

The flotation would be the latest in a string of online gaming companies to list in London.

 

World leader PartyGaming went public in June with a value of £4.6billion.

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