Industry Newsby Brendan Murray | Published: Mar 01, 2011 |
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Devilfish Poker Sold to the Weather Lottery The Weather Lottery has agreed to acquire Devilfish Poker, the trading entity owned by Devilfish Gaming Plc. The company is listed on London’s Alternative Investment Market and will pay £40,000 in cash and £290,000 in shares for Devilfish Poker. The Weather Lottery chairman Lord Razzall, said, “Devil Fish Poker has an established brand name in a sector which is complimentary to the existing gaming operations of TWL. We have a growing database of users in both FCBetz.com and FC Lotto some of whom will we believe wish to take advantage of the DFP products. “The Board considers its acquisition at a time when there is still considerable untapped potential for development fits in with our gaming strategy”. In December 2010 Devilfish Gaming Plc announced its financial results for the year ending June 30, 2010. Turnover at the company was up 13 percent to ...
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