Brian Maccaba, founder of the Cognotec Hi tech company, is an investor of MoneyGaming online casinos, an online casinos gambling business that plans to be traded on the stock exchange in the future. Maccaba has become chairman of the online casinos firm.
Maccaba, now the online casinos firm chairman, is one of the biggest names in hi tech industry who survived the .com crash. He lost a case against a rabbi from London and had to pay legal fees of almost €3 million. That shouldn’t be a problem for this online casinos chief as his trading software company Cognotec was valued at €1 billion at during the internet rush.
Online casinos poker companies and online casinos gaming firms have become the hottest stocks on the markets. PartyGaming online casinos became the biggest IPO in England when it was valued at over €7 billion. The online casinos gaming industry is predicted to be worth $9.8 billion by 2009. It is interesting that this online casinos market was only worth $1.9 billion only two years ago.