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This will be limited at 40% capacity. The stylus can be used to place wagers without touching the kiosks. The infield will be closed and any general admission tickets that had been purchased will be refunded....
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 . The source detailed that the plan moreover guarantees that the South African firm’s current creditors will receive a minimum of million, which equates to a 72% assurance as opposed to the full promise earlier pledged by Betfred. Betfred, which is led by billionaire British businessman Fred Done (pictured), had purportedly furthermore earlier offered to supply the besieged operator with a loan worth as much as million that was to be utilized to satisfy its considerable shortfall....
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8 million in exchange for its assets and large shareholding in local horseracing broadcaster Phumelela Gold International Limited.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 . The source detailed that the plan moreover guarantees that the South African firm’s current creditors will receive a minimum of million, which equates to a 72% assurance as opposed to the full promise earlier pledged by Betfred....
