Fairground Gaming was formed in 2005 with the specific purpose of taking advantage of expected consolidation within the online gaming sector. The company was floated on the AIM market of the London Stock Exchange in October 2005, with the stock symbol FGH.
The online gaming sector and online casinos in particular, is a highly fragmented market, where even the major players do not enjoy significant scale or brand recognition. Against this backdrop and coupled with highly scalable infrastructures and business models which are characteristics of the sector, we believe the industry represents an exciting consolidation opportunity. Fairground Gaming’s strategy is to acquire majority interests in a portfolio of synergistic, cash generative online gaming businesses, including casinos, poker, skill-based games and content sites.
Fairground Gaming enjoys the financial backing of shareholders drawn from leading institutions, players within the gaming industry and private clients firms. The intention is to create a vehicle through which vendors will be positioned for the “next phase” of industry development – one which will demand scale, brand recognition and transparency.