Begbies Traynor update on Premierbet administration

Following the sale of Heathorns and Premierbet to Jenningsbet at the end of 2007, a total of £33,000 had been apportioned to Premierbet Ltd. At that time, Jenningsbet had also agreed to make a further consideration of an amount equal to half of the benefit of tax losses relating to the Premierbet business. Begbies Traynor, the administrators of Premierbet Ltd, said that after further talks with Jenningsbet it is unlikely that such benefit will be obtained as the losses cannot be transferred.
"The prospects of a dividend to the creditors in this case will be greatly reduced," stated Begbies Traynor in its progress report.

Date published: 27 May 2008


Related rating updates

  • 04-06-2008  The UK independent bookmaker, which in October 2007 acquired...   [read more]
  • 26-01-2008  21-12-2008: Begbies Traynor, the administrators called by IGH...   [read more]
  • 05-09-2007  No-pay bookmaker Premierbet (S) is back online apparently taking...   [read more]
  • 24-08-2007  20-08-2007: Premierbet (1) and Heathorns (2) are currently offline....   [read more]
  • 17-08-2007  Interactive Gaming Holdings, parent company of Premierbet and...   [read more]
  • 14-08-2007  While we received confirmation that a good 80 per cent of the...   [read more]
  • 23-07-2007  Malta denies license to Premierbet (2). LGA's CEO Mario Galea...   [read more]
  • 20-07-2007  Four Premierbet players confirm to have received their payments....   [read more]
  • 17-07-2007  Premierbet (2) downgraded to the Red list. Here at Bookmakers...   [read more]
  • 11-07-2007  A second player reports a one-month slow pay, Premierbet downgraded...   [read more]
  • 03-07-2007  First Premierbet's slow-pay complaint comes in. Player reports...   [read more]
  • 27-06-2007  Premierbet and Heathorns downgraded to 2.5 (3.5). The parent...   [read more]
  • 22-06-2007  Bookmakers Review received multiple requests of information from...   [read more]
  • 10-03-2007  Rating reassessments: Premierbet 3.5 (3.5+), Heathorns 3.5 (3),...   [read more]
  • 19-12-2006  Betsson, Diamond Sportsbook International, Gamebookers, BetGameDay,...   [read more]





    		•
    Share it:
    DeliciousDelicious
    DiggDigg
    RedditReddit


    ^ Top« Back  Print  E-mail this to a friend



    Use of this website constitutes acceptance of our Terms of Service. Please read also our Privacy Policy.

    Centrebet UK Freebet

    Affiliate Lounge

    Betjamaica the players paradise

    banner