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L&G administrators sell Betshop for €1m

28th October 2010 9:05 am GMT

Having failed to conclude the €3.4m sale of its Betshop business to Spain’s Grupo Pefaco in September, Leisure & Gaming plc, which is now in administration, has agreed to sell Betshop  for less than a third of that amount to a syndicate of investors which includes Betshop director and CEO Gabriel Chaleplis.

As previously reported by Gaming Intelligence, Grupo Pefaco signed conditional terms for the acquisition of Betshop Group on July 28th for a total consideration [...]

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