Sportingbet, Plc. U.S. business sale costs company £241 million

— Posted on December 2, 2006   

 The British gambling company blamed the loss on the £252.3 million shut-down costs associated with selling the businesses and banning U.S. residents from playing at Paradise Poker. There were some encouraging numbers in the first-quarter results released on Friday, however. In the three months prior to Oct. 31, SportingBet reported an ...

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