Gaming Ventures, which formed last year to take advantage of big changes in the online betting market, has floated on PLUS.
The business is looking to acquire businesses and other assets in the online and mobile gaming markets.
Gaming Ventures believes that there is an opportunity to develop a group of companies which will benefit from unified technology and management.
New laws in the US have meant that it is now illegal for credit card companies to collect payment from US citizens.
This has led to a sharp decline in the valuations of online betting companies and Gaming Ventures believes that this is an opportunity for them to buy such companies at favourable prices.
Gaming is particularly on the look-out for companies which are predominantly focused on markets outside the US.
The company, formed in May 2006, is led by Graham Martin, a veteran of the gaming industry who sold Bonne Terre to BSkyB and was previously chairman of Probability the mobile phone gambling company.
Gaming Ventures, which listed on PLUS on Friday, raised £225,000 and shares began trading at five pence each.
© Crimson Business Ltd. 2007
