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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 . 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.ason, Lion Perks is open to all fans at home games within the team’s downloadable mobile app available on iOS and Android....


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6 million.8 million in exchange for its assets and large shareholding in local horseracing broadcaster Phumelela Gold International Limited.Hopefully, for Lions’ fans, the Matt Patricia-led team can do better than last season’s 3-12-1 record....


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3 million with the London-based investments firm having already supplied Phumelela Gaming and Leisure fair go sister cas ino slsfLimited with a loan valued at around million. The Lions lost that game to the Washington Redskins in the 1st round of the playoffs.Future alliances:Chief Marketing Officer for BetMGM, Matt Prevost, said…“When we first opened the BetMGM Sports Lounge at MGM Grand Detroit in March, we hoped to develop deep relationships with the state’s top teams....


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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 domestic racing calendar.What to ExAccording 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 ....


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Future alliances:Chief Marketing Officer for BetMGM, Matt Prevost, said…“When we first opened the BetMGM Sports Lounge at MGM Grand Detroit in March, we hoped to develop deep relationships with the state’s top teams. The Lions lost that game to the Washington Redskins in the 1st round of the playoffs. This will be limited at 40% capacity....