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Leisure & Gaming puts Betshop back on the market

12th October 2010 7:54 am GMT

Leisure & Gaming plc (LNG) said Monday that it has failed to conclude definitive terms with Spain’s Grupo Pefaco SL for the sale of its betting and gaming subsidiary Betshop Group Limited, with the company now working towards finding a solution to avoid going into administration.

Last month LNG announced that it had agreed to dispose of its main trading subsidiary Betshop to Pefaco in a deal worth up to €5.3m, conditional upon the signing and [...]

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