PartyPoker Founder Sells Remaining Stake in CompanyPartyPoker Founder Sells Remaining Stake in Company |
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PartyGaming Plc founder, Anurag Dikshit, has sold his remaining stake in the company and plans to “move on” from the online gaming sector according to Bloomberg news agency.
Dikshit, who was fined $300 million by U.S. authorities in 2008, sold his last tranche of 38.8 million shares at 270 pence each, netting himself £105 million.
DThe co-founder of the company in 1997 sold two-thirds of his shares last October.
“This is simply about moving on,” said Shimon Cohen, Dikshit’s spokesman. “It’s been a process over four years since he first withdrew from the board. And that’s now it.”
At the time of writing PartyGaming shares had fallen 6 percent (17.8p) to 275.7p.
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