Dikshit

Dikshit Cashes in on PartyGaming Shares.
Co-founder of iconic gambling company, PartyGaming, Anurag Dikshit has announced that he has sold at least two third of his 28% stake in the group.

The decision was made ahead of Dikshit’s finalization of his plea bargain case in the US where he agreed to forfeit $300 million as a fine for contravening US gambling laws prior to 2006.

His move to dump his shares was seen as a decision to distance himself from the company and divert more attention to his charities in Asia.

PartyGaming share prices dropped from 285 pence per share to 244 pence per share on the London Stock Exchange following the news. A significant drop.

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