This story was published more than 9 years ago.
Online poker company 5050 Poker Holding AB has announced its intentions to list its company on Sweden's Nasdaq OMX First North Market within the next week.
5050 Poker will make 50% of its shares available for purchase over the next two years. The company recently added 150 shareholders to its existing base of 580 as well as SEK 5 million. The company owns and manages online gambling sites that are aimed primarily at European markets. The company has specialized in marketing the Dutch and German markets in addition to the Balkins.
Patrick Sjögren, 5050 Poker Chief Executive said, "It is an exciting time for 5050 Poker at the moment, our 5050 team has great success in tournament play, our offer when it comes to Poker and Casino is under constant improvement and our player base is growing. We anticipate that the attention that a listing will provide increased interest in playing with 5050 Poker"
Recently, the 5050 Poker Holding AB secured market exclusivity in Montenegro after it teamed up with Avala Casino and MonteStars.