Jason Drummond

Jason Kingsley Drummond (b June 1969) is a British technology entrepreneur. He is known for founding nine technology companies that have listed on European .

At the age of 18, Drummond established IDL Communications Limited a distributor of mobile phones and fax machines. After this Drummond spent 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 (VI), an online intellectual property protection and web hosting services company. VI was admitted to the Alternative Investment Market (AIM), a sub-market of the , in January 1999. 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 in 2002. In 2008, UK2 Group acquired VI.

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 to reflect its principal business "casino.co.uk".

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 VI fell by £104m.

Drummond was the founder of Coms plc (L.COMS) an internet communications company. Drummond founded the business in September 2003, and listed it on AIM in September 2006.

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.

In March 2005, Gaming Corporation raised £14m, and in May 2005, acquired Gambling.com for $20m. For the year ending September 2006 Gaming Corporation made profits of £2.5m. The US 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.

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