..

Leisure & Gaming Only Trying to Sell Betshop

Written by:
Guest
Published on:
Oct/12/2010
Leisure & Gaming

(SHARECAST) - Hard-up online betting group Leisure & Gaming has confirmed it’s in talks to sell trading subsidiary Betshop Group (Europe) Limited, not the whole company.

"Further to the announcement of yesterday, the company confirms that it is in discussions re the sale of its trading subsidiary, Betshop Group (Europe) Limited, only and is not seeking or expecting any offers for Leisure and Gaming plc," it said in a statement Tuesday.

On Monday, the firm said a possible share purchase agreement with Grupo Pefaco was unlikely and terms of exclusivity with Pefaco have expired without renewal.

Although it’s still talking with Pefaco, the group has received expressions of interest in the Betshop business since the expiry of the exclusivity period.

“While that remains a real possibility, following demand for repayment by the company's bankers on 6 October 2010, the company is working to see if a solvent solution can be achieved avoiding administration,” the group said yesterday.

Trading in L&G shares as been suspended since May while the company seeks to resolve cash flow difficulties.

Business/Financial News

PricePerPlayer.com Expands its Operations with a New Office in the Philippines

PricePerPlayer.com Expands its Operations with a New Office in the Philippines

San Jose, Costa Rica – Sports Betting Software Development company PricePerPlayer.com is expanding its operations by opening a new office in the Philippines. The new offices will be a satellite office in Bonifacio Global City and will be known as Price Per Player Asia.

Bookie Pay Per Head Demo

PricePerPlayer.com offers prospective clients a chance to try their Pay Per Head software through a free two week demo.

Coingeek News

Here you will find all the latest news pertaining to and coming from Coingeek.com, a site founded by Gambling911 good friend Calvin Ayre.

Top 5 Tips: How To Become A Profitable Bookie In 2019

Top 5 Tips: How To Become A Profitable Bookie In 2019

Hello, money-making enthusiasts! Premier Per Head is back with another mind-blowing episode. Today we have a special guest joining us. None other than Premier’s own GM , Matty Morandi. "

Price Per Head Sportsbook Solutions

Price Per Head Sportsbook Solutions

If you are looking to be a bookie and accept wagers on various sports then the best option is to look for a price per head solution.

Syndicate