A company that provides live streaming services for a number of reputable gaming brands has delayed its IPO.
Perform was expected to launch their IPO on the London Stock Exchange earlier today but yesterday’s decision in Germany has caused them to delay for a further day. According to the Wall Street Journal the delay is so that they can fully explain to investors how the tightening of gambling laws in Germany is likely to affect the IPO.
Yesterday it was reported that they are estimating shares to trade at somewhere between 260p and 280p to achieve a figure of around £200m for the firm.
In terms of the gaming industry they provide streaming services for a number of companies including Bet365 and Sportingbet through watch&bet brand. They also operate the Premier League’s website and Chelsea Football Club’s official website.
Elsewhere, eGR has announced that BetClic Everest President, Nicolas Beraud, is the latest to join the CEO debate at next month’s EGR Live conference.
The CEO debate, taking place on Wednesday 4 May, will see CEOs from a number of the iGaming industry’s most influential operators provide an insight into their future plans and what they predict will happen over the next 12 months.
The conference, which will enjoy full coverage right here on the tablog, has already seen a number of esteemed speakers announced including head of mobile at Sportingbet Richard Brownlow and the founder of Chiligaming Alexandre Dreyfus.
More details on the conference can be found at the following link to our gaming conference directory.