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UKbetting raised more than £4m 2003-06-12
Investors in UKbetting have put in at least £3.5 million in the open market. The investigators, both private and institutional, have done so by addind themselves to the 17 million new shares that were priced at 30p per share. Peter Dubens, vice chairman of the company purchased A quarter million worth of shares in addition to what the company had invested before. The amount raised for the operational capital uses which adds up to the amount of £5 million will probably be invested also to support its balance sheet. UKbetting believes in its products and projects and is usually right…They were right about their website casino they initiated and are now working on an online poker product which is now in progress and will be part of the online games in their online casino. The promotions will be published in the cyber environment which regards the subject and will also conclude links to the websites sportinglife.com, teamtalk.com and bettingzone.co.uk.
(By Liat)