Leisure and Gaming Plc
Leisure and Gaming Plc are quoted on the London Stock Exchange (LNG.L), the company raised £400,000 before expenses by means of a placing of shares at £0.10p in September 2004. the newly created company was established with the objective of building a business focused on the Leisure and Gaming sector. Since the sale of its Casinos and Sportsbook in October 2006, Leisure & Gaming has transformed its business. The company now comprises of Betshop Italia an online sports betting service supported by a franchise of over 1100 Betshop branded shops and retail outlets offering sportsbettin via terminals across Italy. Betshop a pan European Sportsbook, Goalsalive a soccer information and results service for Interent and mobile users. Acropolis Casino the Online casino powered by Playtech Software (PTEC) acquired from Stanley Leisure in October 2005. It also owns a rnage of proprietary software including Sports and Horse betting software, Casino and poker software and affiliate and loyalty programme software., and over 200 betting related domain names.
Leisure
and Gaming Plc Share price
Leisure and Gaming Plc Company Announcments
16th April 2008
In a trading statement issued Trading for the three months to March 31st 2008
has been in line with management's
expectations and has continued the profitable growth experienced during the
fourth
quarter of 2007 with the following results, Net win of €6.5m (vs €8.7m for the
equivalent period in 2007, Gross profit of €2.1m (vs €2.5m for the equivalent
period in 2007
14th January 2008
In a trading update For the full year, including all
central costs, the Company expects to report a gross profit of approximately
€3.2m and an EBIT loss for the year of approximately €1.6m.
28th November 2007
Announced its subsiduary Betshop Italia has opened the first of 59 Betting shops
in Italy. The remaining 58 shops will be rolled out over the coming months
5th November 2007
Announced Its continues to roll out its franchised betting shop model and online
service. In Romania it will open its first shop in November 2007 and then
into Cyprus
15th October 2007
announces
that it has terminated takeover discussions with CGTV Games Limited with
immediate effect.
27th September 2007
The
Company has received an indicative offer from CGTV Games Limited (“CGTV”), a
global provider of casino software and slots located in Dublin, Ireland.
This approach may or may not lead to a cash offer.
27th September 2007
Announced Interim results for the six months ended 30 June 2007, 75 % growth in
turnover to 65.4mon a like for like basis, 1.2m gross profit compared to 1.7m in
2006, Earnings per share loss of 1.2p, Dividend Nil
13th June 2007 Raised £1.75 million by way of a placing of
13,461,540 shares at 13p, The proceeds of the placing will enable the company to
increase working capital and drive growth throughout the Betshop Italia Network.
4th April 2007
Leisure & Gaming's European Sportsbook has launched a Poker
Room, which will be part of the Microgaming Prima Poker Network
30th January 2007
Leisure and gaming announced that it had won another 11 Italian Betting
licences, taking it total betting licences won this year to 58.
On 19th June 2006 it announced the acquisition of
Betshop Group Europe, for a total consideration of up to £32.06 million .
Betshop group is a European based Sportsbook and casino group located in London,
its main sites are betshop.com & goalsalive.com.
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