A key member of the Numis Securities professional team that guided Internet gambling marketing company Empire Online through its GBP 512 million London IPO last month has now joined the company as investor relations adviser.
Andrew Burnett is a skilled leisure and gaming analyst and latterly corporate financier who will also play an important role in Empire in its future business strategies pertaining to acquisitions and mergers.
Noam Lanir, CEO of Empire Online, said: “Following our successful IPO we are rapidly rolling out our operations throughout Europe and will also consider making strategic acquisitions. We intend to play a leading role in the anticipated consolidation (of the industry) and we are looking to Andrew Burnett to spearhead this for us, working closely with our existing financial advisers, Numis.”
Burnett predicted that the gaming sector is set for a period of tremendous growth and consolidation over the medium term.