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Favourit ceases operations following Celsius ASX block

June 13, 2016

Australian online betting operator Favourit (favourit.com) has ceased its operations, no longer accepting wagers or deposits from customers following its failed Australian Securities Exchange (ASX) IPO by new owners Celsius Coal (Celsius). This weekend Australian business news sources reported that Perth businessman Ranko Matic, investor in mining company Celsius, had been blocked off the company’s planned ASX listing by Australia’s Securities …

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