PartyGaming to float by June 27

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The world\’s biggest online poker company is planning to list as much as 23 per cent of its capital, depending on demand.

Analysts estimate the listing could value PartyGaming at about $10 billion and they expect the stock to qualify for inclusion in blue-chip indexes compiled by FTSE and MSCI.

The management will promote the company\’s shares to institutional investors between June 14 and June 24.