Canadian-based online gaming firm, Intertain Group shares will be added to Standard and Poor’s Canadian Index Operations (S&P/TSX) SmallCap Index after the close of trading on Friday, September 19 2014.
The S&P/TSX SmallCap Index provides an investable index for the Canadian small‐cap market. The index is float adjusted and market cap weighted and was developed with industry input as the ideal benchmark for those with small cap exposure of the Canadian equity market. The Toronto Stock Exchange (TSX) serves as the distributor of both real‐time and historical data for this index.
In July 2014, Intertain acquired Mandalay Media Limited for an initial payment of GBP 45 million in cash, with up to a further cash payment of GBP 15 million based on future profit performance (see previous report).
Intertain currently offers casino, bingo and poker games using the InterCasino, InterPoker, Costa and other brands. The InterCasino and InterPoker gaming platform is supplied by Amaya Gaming Group Inc. and its bingo offering operates off of 888 Holding’s Dragonfish platform.