Investec resigns as adviser to PartyGaming's listing

By Bookmakers Review14 May 2005
Share with:
 Investec resigns as adviser to PartyGaming's listing
The company had become uncomfortable with the issues surrounding the questionable legality of internet poker in the US and the background in "adult entertainment" of one of the company’s founding shareholders.

City sources reported that the same factors were worrying Dresdner Kleinwort Wasserstein, the remaining adviser, claiming that the bank had also considered resigning a few weeks ago.