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Too many false starts and too high a price tag in race to buy the Tote A queue of bidders is lining up to make a play at the Tote but only if the Government is willing to drop its £405m valuation.
Last week The Independent on Sunday revealed that Andy Stewart, the high-profile racehorse owner and founder and head of Cenkos Securities, was keen to hold talks with ministers about floating the state-owned bookie on the AIM stock market. But he said he believed the recent slump in the value of gambling companies, and the accompanying credit crunch, meant that the business could be worth as little as £260m.
About Betpuls.com: Bet Puls.com is here to bring you Gambling news that is valid for you who work in the gambling, betting, casino and poker industry. Software suppliers, gaming and gambling license, gambling jobs and gaming vacancies. We scout online to find the most relevant news stories for the online betting, online poker, online casino, online bingo and the rest of the online gambling industry. Login or register online and start sharing news you as well, publish press releases regarding the gambling industry.
