Business News

Shares in PCG Entertainment (PCGE) will be admitted to trading on London’s Alternative Investment Market later this week as the company seeks approval from the Chinese government to hold online poker tournaments and create national lottery products across the People’s Republic of China.

PCGE is a Gibraltar incorporated holding company which holds four licences relating to the operation of online poker and lottery games based in China.

PCGE raised £3.4m through a placing of 1,030,691,444 new ordinary shares last month, which valued the company at approximately £61.8m. The shares are expected to be admitted to London’s AIM market on Thursday, December 4th.

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