
Reorganisation is planned for online gambling company Gambling And Leisure… The UK public company, Leisure and Gaming, has sold off all it’s U.S. operations, and now has plans for a big reorganisation for its long-term future.
Under the leadership of CEO Henry Birch, Leisure and Gaming’s plans are to be put before shareholders at an Extraordinary General Meeting. One of it’s proposals is to include the approval for renegotiated banking facilities.
Following the sale of Leisure and Gamings American operations to Starwood - Stockdale Investments, the companys main asset is now their Betshop operations. Leisure and Gaming has retained the database of non-US customers and have a copy of the proprietary Vegas Technology software. In the deal with Betshop’s previous owner Gabriel Chaleplis, its been renegotiated and Chaleplis remains on the board to oversee the mainly Italian-facing online and offline operations.
Leisure and Gamings’s new strategy is to focus on the Betshop Italia chain of more than 800 shops and online sports betting and gambling outlets. The online Betshop business operates in 8 languages and will be run as a separate entity.