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Leisure & Gaming seeks funding after cash warning

21st May 2010 7:32 am GMT

Shares in Leisure & Gaming plc have been temporarily suspended this morning on London's AIM market pending clarification of its financial position, after the company warned that it was constrained by a lack of working capital as a result of continued low margins from sports betting during the year.

Following a poor first quarter performance, Leisure & Gaming said that football results had continued to be unfavourable, with sports betting margins remaining below expectations.

Last month the [...]

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