Login/Register
NetEnt
NetEnt
Solitics
BigTimeGaming

Harrah’s delays IPO after lack of investor interest

22nd November 2010 11:41 am GMT

U.S gaming giant Harrah’s Entertainment Inc. has announced that the company has pulled its planned US$500m flotation on Nasdaq, after a lack of interest from investors willing to pay between $15 and $17 per share.

In a statement to the U.S Securities and Exchange Commission Friday, Harrah’s said that it is not pursuing its initial public offering (IPO) of common stock at this time "due to market conditions".

Harrah’s had hoped to bring in estimated proceeds of [...]

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

Pragmatic Play
EveryMatrix
Future Anthem
Skywind
Greentube
Playtech
Solitics