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Leisure & Gaming to sell off Betshop

30th July 2010 7:50 am GMT

AIM listed betting and gaming operator Leisure & Gaming plc has agreed the sale of its principal operating subsidiary Betshop Group, having concluded that it has insufficient working capital to continue trading.

Betshop Group operates the internet sites betshop.com, betshop.gr and betshopitalia.com as well as retail betting in Italy and Cyprus.

Shares in Leisure & Gaming plc were suspended from Trading on May 21st after the company warned that it was constrained by a lack of working [...]

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