Mail.ru Group Limited (LSE:MAIL) has no definite plans regarding an initial public offering (IPO) of its gaming segment at present, the Russian Internet holding's Managing Director and Chief Financial Officer Matthew Hammond said on a conference call. "We don't have any specific plans regarding an IPO at present," Hammond said when asked a relevant question. At the same time, the company is considering various options for further developing the gaming area, including M&A, but has not made any definite decisions. The Bell said citing its own sources in mid-October that Mail.ru Group was discussing the possibility of holding an IPO of its own gaming subdivision My.Games. The sources said that the IPO could take place on the United States stock market in 2021 and that Mail.ru Group estimated its gaming subdivision at approximately $2.5-3 Billion. Nevertheless, one of the online newsletter's sources said that people within My.Games were expecting the IPO in the gaming segment and that it was fairly hard to convince shareholders of this. The Mail.ru Group press service said at the time that the company did not comment on market rumors.