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According to a short report from Gambling Insider, the Johannesburg-headquartered firm has instead opted to accept an earlier offer from one of its largest creditors, private equity investor Mary Oppenheimer Daughters, that will involve it receiving just over .Coronavirus cancellations:Phumelela Gaming and Leisure Limited is responsible for four horseracing facilities in South Africa including the prestigious Turffontein Racecourse but is reportedly struggling to cope with a debt of over million as well as the recent coronavirus-related suspension of its domonline poker easy ubbjestic racing calendar.”The agreement follows BetMGM sports betting partnerships inked in recent weeks with the Denver Broncos, PGA Tour, and NASCAR....

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South African horseracing and tote betting operator Phumelela Gaming and Leisure Limited has reportedly turned down a rescue deal that was to have seen giant British bookmaker Betfred purchase its entire business for approximately .6 million. The Lions lost that game to the Washington Redskins in the 1st round of the playoffs....

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