Login/Register
Octoplay
Octoplay
Pragmatic Play

Intertain shares slump as investment firm highlights concerns

18th December 2015 12:14 pm GMT

Toronto-listed gaming operator Intertain Group has dismissed as "misleading and self-serving" a report published Thursday by New York investment firm Spruce Point Capital Management, which described the company as “another speculative Canadian roll-up, but in our opinion the worst of its kind.”

The report claimed that Intertain's "growth at any cost" mentality is "likely to end in disaster", prompting a 20 per cent fall in the company's share price Thursday.

Intertain responded Friday to address what it considers to be [...]

Continue reading

Subscribe for full access to Gaming Intelligence including premium news content, feature articles, news archive, company profiles and more. Includes subscription to the print edition of GIQ magazine and postage.

Subscribe

Already a subscriber or registered user? Login

Related Videos
Pragmatic Play