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Sportingbet\’s results hit by a £62.3m one-off charge

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The online sports betting group announced its results for the third quarter reporting a loss of £62.9m (2006: £2.7m loss), mainly due to an exceptional charge of £51.4m relating to the migration from the Paradise Poker platform to the Boss Media run IPN Network and £10.9m related to the transfer of operations to Dublin and the Channel Islands.