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3 million with the London-based investments firm having already supplied Phumelela Gaming and Leisure Limited with a loan valued at around million. The stylus can be used to place wagers without touching the kiosks.8 million in exchange for its assets and large shareholding in local horseracing broadcaster Phumelela Gold International Limited....


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”The agreement follows BetMGM sports betting partnerships inked in recent weeks with the Denver Broncos, PGA Tour, and NASCAR.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....



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