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Betbrokers to launch financial betting and casino service operations

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The AIM-listed betting brokerage announced today a loss of £1.38 million for the first half 2007, despite a strong increase in both retail and wholesale clients and in the number of transactions, up 64%, to 20,540 in H1 2007. Whilst the average deal size has remained stable at £1,300 (H1 2006: £1,340), traded volumes were up to £26.6 million from £8.6 million in H1 2006.