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Wednesday, 27 October 2010

Leisure and Gaming plc ( update )

I can confirm that Leisure and Gaming plc's administrators are Philip Watkins and Geoff Rowley of FRP Advisory.  The firms subsidiary Betshop Group (Europe) Ltd has been sold as a going concern to Honeymead Services for €1m safeguarding jobs for over 600 agents throughout Europe.  However, this is only a fifth of the amount agreed in principal a month ago to Pefaco.

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