Playtech to go public in London valued at nearly $1bn

Playtech, a software group that builds systems for online gaming operators, has announced plans for an Aim float that will value it at £550m ($954m).

Investor appetite for online gaming stocks is strong. So Playtech is seeking a near $300M placing on Aim. The float will be the biggest so far of 2006.

And who said the public markets were nervous of online gambling stocks. The tech market bull continues.