FortuNet, which manufactures multi-game and multi-player server-based casino gaming platforms, priced its offering of 2.5 million shares at $9 on Monday night. The pricing came below the anticipated range of $11 to $13. The Las Vegas-based firm plans to use the proceeds to build inventory for the anticipating promulgation of Nevada legislation that will allow for wireless gaming inside casinos. The stock is expected to begin trading on the NASDAQ under the ticker FNET on Tuesday.
