LONDON (Thomson Financial) - Leisure & Gaming Plc. said the company's first
half of the year has been in line with market expectations with an estimated
earnings before interest and taxation (EBIT) of 1.2 million euros.
The betting and gaming group, said it will continue to focus its efforts on
the Italian market and expects to have its full estate of Italian shops
operating under new Bersani licences by the start of the football season in
mid-August.
It also expects to be able to offer online poker throughout its retail
network and to Italian customers online before the end of the year.
Chairman Philip Parker, said " We are in a very strong position to continue
to grow and capitalise on the many opportunities in the Italian market."
The company chief executive officer Henry Birch has decided to step down
from the board to pursue other interests and CFO Richard Creed has been
appointed chief executive, the company said.
It said the finance function will continue to be overseen by Richard Creed
with the assistance of Paul Milburn, the finance director of the Betshop Group,
company's main subsidiary.
TFN.newsdesk@thomson.com
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