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Ubet2Win reports heavy losses

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Despite a substantial increase in turnover to $2.7m generated from the company’s website and its telephone betting service, the heavy costs incurred in marketing and developing the online betting site added to the continuing difficulties with the racecourse part of the business caused “unsustainable” losses of £925,000. As a result, Ubet2Win decided to undertake a wide review of all aspects of its business.

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