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Sportingbet trading statement

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The bookmaker released a statement confirming that the company\’s Board is not aware of any reasons for the recent share price increase other than current trading of the business.

Shares in Sportingbet were up 5.42% today and almost 300% in the last year.

The company is set to announce second quarter results on February 22 and confirmed that operating profit before interest and goodwill amortisation will be not less than £21m.