May 13 (Reuters) -

Games Global ( GGL ) has withdrawn its initial public offering

registration in the United States, the UK-based maker of online

casino-styled games said on Monday, a day before its stock

market debut in New York.

The company, which publicly filed for the IPO with the

U.S. Securities and Exchange Commission last month, said it had

decided to not pursue its listing at this time due to "current

market conditions."

Isle of Man-based Games Global ( GGL ) had aimed for a valuation

of as much as $2.13 billion in its IPO.

Along with selling shareholder Zinnia Ltd, the company

had

planned

to raise as much as $275.5 million by offering 14.5 million

shares at a price range of $16 to $19 apiece.

Founded in 2021, Games Global ( GGL ) develops and distributes

casino-style gaming content and offers over 1,300 exclusive

games.

Games Global ( GGL ) was slated to debut on the New York Stock

Exchange on Tuesday.

Earlier this year, Warburg Pincus-backed specialty

insurance company Fortegra Group also

scrapped

its plans for a stock market debut in New York citing

"prevailing market conditions."