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Fairground Gaming
was formed in 2005 with the specific purpose of taking
advantage of expected consolidation within the online gaming
sector. The company was floated on the AIM market of the
London Stock Exchange in October 2005, with the stock symbol
FGH.
The online
gaming sector and online
casinos in particular, is a highly fragmented market,
where even the major players do not enjoy significant scale
or brand recognition. Against this backdrop and coupled with
highly scalable infrastructures and business models which
are characteristics of the sector, we believe the industry
represents an exciting consolidation opportunity. Fairground
Gaming's strategy is to acquire majority interests in a
portfolio of synergistic, cash generative online gaming
businesses, including casinos, poker, skill-based games and
content sites.
Fairground
Gaming enjoys the financial backing of shareholders drawn
from leading institutions, players within the gaming
industry and private clients firms. The intention is to
create a vehicle through which vendors will be positioned
for the "next phase" of industry development - one which
will demand scale, brand recognition and transparency.
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