GameAccount set to float on London market

GAMEACCOUNT, an online gambling company backed by the Smurfit family, is set to float on the London stock market.

The company, set up by Dermot Smurfit (nephew of family patriarch Michael) plans to list on London's Alternative Investment Market (AIM) by the end of the year.

The company could be worth up to €150 million as it is in talks to acquire a larger betting firm.