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11 jobs lost as betinternet shuts Island operation

e-Gaming company betinernet has announced it will be closing the doors of its Island operation on Friday.

It will result in the loss of 11 jobs.
 
It says it's stopping fixed-odds betting and games business in an effort to focus on US activities.
 
It's vowed to repay all outstanding client balances with immediate effect.
 
Economic Development Minister Laurence Skelly says he's confident the staff can be redeployed:
 

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