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Fairground Gaming liquidates

LONDON, England – As reported by ShareCast: " Aim-listed gaming group Fairground Gaming is to go into liquidation following the sale of its gaming businesses, with shareholders to receive a cash payment of about 21.5p per share.

"In a statement, the company said it had decided that after it stopped taking business from US customers in its casino and poker activities, the optimal course of action was to dispose of its gaming operations and infrastructure.

"…On completion, the board says it intends to liquidate Fairground and to distribute the cash balance to the remaining non-Seahouses shareholders as a return of capital…"

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