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- Jason_Drummond abstract "Jason Drummond is a British technology entrepreneur.Jason Kingsley Drummond (b May 1969) has founded, built and listed 9 technology companies on European Stock Exchanges since 1999.At the age of 18, Drummond established IDL Communications Limited a distributor of mobile phones and fax machines. Subsequent to this Drummond spent approximately three years outside of the UK, establishing and running distribution and new media companies in emerging markets such as Russia and Africa. Drummond returned to the United Kingdom in 1995. In 1996 he founded Virtual Internet Ltd, an online intellectual property protection and web hosting services company. Virtual Internet plc (\"VI\") was admitted to the Alternative Investment Market in January 1999 and in March 2000 combined a £33m fundraising with a move to the Official List. In November 2000 Drummond founded RegistryPro, a joint venture between VI and Register.com which created the domain name .pro. VI was acquired by Register.com Inc. in 2002.In March 2000, Drummond founded Xworks Limited, an e-business incubator, which was admitted to trading on AIM in April 2001 with a market cap of £4.4m at 10p a share. In August 2002, Xworks changed its name to Gaming Corporation plc to reflect its principal business \"casino.co.uk\". In March 2005, Gaming Corporation plc raised £14m in an institutional placing at 14p per share (market cap £36m), and in May 2005, acquired Gambling.com for $20m. For the year ended Sep 2006 Gaming Corp made profits of £2.5m, but new US legislation, the Safe Port Act made online payments by US customers to online gaming companies illegal, causing a massive write-down in the value of Gambling.com. In October 2006 Gaming Corporation Plc changed its name to Media Corporation Plc, and sold Casino.co.uk to Cryptologic Ltd for £3.6m in cash in August 2007. The company announced a cessation of the business in August 2013; Chairman since 2003, Drummond stepped down in February 2012.Drummond was a significant shareholder in Active ISP, name changed to Active 24 ASA, that listed on the Oslo Stock Exchange In October 2004 with a market cap of NOK 270m. Was taken over by Mamut ASA and subsequently acquired by Visma in the summer of 2011 and delisted from the Oslo Exchange.Drummond was a director of Metacharge Limited from September 2006 to October 2006, an Internet payment service provider that was sold to PayPoint plc for £8.4m in October 2006, and in December 2005, Drummond co-founded Shellworks Ltd, which was admitted to trading on AIM as Nettworx plc having raised £10m - he remains a director.Drummond co-founded FAIRFX (UK) Limited, name changed to FAIRFX Group PLC in March 2014, a peer-to-peer foreign currency exchange with turnover of £700m (2015), which has recently joined forces with Easyjet to launch a Euro VISA prepaid card to its customers. He was a director from August 2007 until November 2014. Drummond was also the founder of Coms plc (L.COMS) the Internet communications company. Drummond founded the business in September 2003, and listed it on AIM in September 2006. Coms acquired Redstone Converged Solutions limited in 2013. Drummond had stepped down as Executive Chairman in September 2012.Drummond is the Founder and Chairman of Gametech Limited since November 2013, name changed to Gametech PLC in January 2016, that is licensed and regulated by the Gambling Commission. Gametech builds cutting-edge mobile gambling solutions under the NENX and ProOptions brands.In 2000, the Guardian described Drummond as \"richer than all of the Spice Girls put together and virtually unknown\", in 2001 the Telegraph included Drummond on a list of the \"The net losers\" after the value of his shares in Virtual Internet plc fell by £104m.CA Sperati agreed to sell its existing businesses in November 2014 and change its name to Teachers Financial PLC. Drummond is Executive Chairman of Teachers Financial Plc and CA Sperati since 2013. Drummond is a Co-founder and shareholder in Betex Technologies since 2005 and now part of Betex Group PLC, a lottery management and technology company with its main operations in China.".
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- Jason_Drummond wikiPageWikiLinkText "Jason Drummond".
- Jason_Drummond name "Drummond, Jason".
- Jason_Drummond placeOfBirth "London".
- Jason_Drummond shortDescription "British businessman".
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- Jason_Drummond description "British businessman".
- Jason_Drummond description "British businessman".
- Jason_Drummond subject Category:British_businesspeople.
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- Jason_Drummond hypernym Drummond.
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- Jason_Drummond comment "Jason Drummond is a British technology entrepreneur.Jason Kingsley Drummond (b May 1969) has founded, built and listed 9 technology companies on European Stock Exchanges since 1999.At the age of 18, Drummond established IDL Communications Limited a distributor of mobile phones and fax machines. Subsequent to this Drummond spent approximately three years outside of the UK, establishing and running distribution and new media companies in emerging markets such as Russia and Africa.".
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- Jason_Drummond depiction Jason_Drummond_Profile_Picture_2012.jpg.
- Jason_Drummond givenName "Jason".
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- Jason_Drummond name "Drummond, Jason".
- Jason_Drummond name "Jason Drummond".
- Jason_Drummond surname "Drummond".