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Betbrokers placed into administration

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The shares of the betting brokerage had been suspended from trading on London’s AIM at the end of August.
A statement to the stock exchange reads: “Until the administration of Betbrokers Limited is completed and/or the Company is able to effect a sale of Winning Edge, it is not possible for this subsidiary to repay a loan to Betbrokers PLC. Therefore, with regret, the Directors of Betbrokers PLC were left no other choice but to put the Company into Administration.”

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Bookmakers Review
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