It was reported this week in the Liverpool Daily Post that Stanleybet International may be preparing to reinstate its High Street betting shop trading, according to a company official.

Stanleybet, which was at one time a division of Stanley Leisure, was bought by Giovanni Garrisi in the context of a 2007 management buy-out. At the time of the sale, it was agreed upon by Garrisi that he would not participate in trade within the UK for an agreed upon period, which has now expired.

At the present time, Stanleybet is operating a total of 1,500 sports betting shops throughout continental Europe.

who is the company's financial director, has said in the media that since the restraint of trade clause has now expired, it is now possible for Stanleybet to revitalize its UK business.

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