27-09-2007 Leisure and Gaming receives preliminary approach from CGTV Games

The owner of the BetShop group said the approach from the Irish casino provider may or may not lead to a cash offer to acquire the entire company at not less than 13 pence per ordinary share.

Leisure & Gaming also announced that its gross profits and earnings for the six months ended June 30 were severely impacted by adverse sporting results in May and June, notably Milan’s victory in the Champion’s League Final. The company also reported a 75% growth in turnover to €65.4m and a 44% increase in net win to €13.9m.