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Pagebet goes bust

Another bad bit of PR for the UK betting industry with shop chain Pagebet going into administration. The 53-shop company ran like a headless chicken last year according to directors who resigned early in the year. Stan James has stepped up to buy half the shop estate and pay out all outstanding bets.

Job losses as Pagebet goes into adminstration

PAGEBET, one of the leading independent bookmakers in north-east England, went into administration on Friday with the loss of more than 120 jobs.

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