News blog
GamingKing/Sceptre Leisure
- BY: Andrew Hore |
- POSTED: 02/09/2008 |
Orb Holdings is reversing into GamingKing.
Orb is the second largest amusement machines operator in the licensed pubs and bars sector. There are 17,000 machines in operation. Clients include Mitchells & Butler and Punch Taverns.
GamingKing provides lotteries and games to registered members clubs. The enlarged group believes that each side of the business will be able to cross-sell its products to the other’s customer base.
GamingKing reported a swing from a profit of £11,000 to a loss of £342,000 in the year to April 2008. Restructuring costs made the loss worse.
GamingKing shares rose 0.23p to 1.15p after they returned from suspension. A 50-for-one share consolidation will happen at the same time as the reversal.
© 2024 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
- Browse by issue
- All issues
- Popular tags
- All tags
- AIM Micro feeds
Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds
|