The Australian betting group, which announced staff reductions of approximately one third and the cessation of US facing marketing activity, is continuing discussions with a number of unconnected parties who have expressed interest in the acquisition of the group’s US-facing operations and infrastructure.
Betcorp said in a statement that there is no certainty that such discussions will lead to a sale and that any sale will also be conditional upon the purchaser assuming full liability for all customer deposits and staff contracts.
The company expects to make a further announcement within the next 10 days. In the meantime, all withdrawals to US customers have been temporarily freezed.
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