Friday, October 13, 2006

I'd buy that for a dollar!

Given the penchant for nicking foreign CEOs of Internet betting forms it shojld come as know surprise that many of the betting forms are shutting down or selling their US operations. SportingBet has apparently donje this today and sold it's US business for $1 (54p) to private investors. According to CEO the company "received cash consideration of $1 for the shares and related assets of the U.S. operations, and has discharged excess liabilities amounting to approximately $13.2 million." Who will be next I wonder?

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