Shares in Betshop Poker Parent Company SuspendedLeisure & Gaming Shares Suspended on Alternative Investment Market As Cash Runs Low |
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Shares in Lesiure & Gaming, the publicly-quoted parent company of Italy’s Betshop Poker, were suspended on London’s Alternative Investment Market (AIM) today after the company revealed it was “constrained by a lack of working capital.”
All leisure & Gaming businesses continued to trade and the company said it was “in early stage discussions with a number of parties with a view to securing further funding for the business and are undertaking a strategic review of the business which may lead to a disposal of certain businesses and assets in its portfolio.”
It also said it did not expect and offer to be made to buy out the company.
Betshop Poker was a strong performer for Leisure & Gaming last year in Italy with around 13,500 regular players and gross online poker rake of €6.6 million.
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