Belfast Telegraph

29 Celtic Bookmakers stores saved

More than half of the shops in the Celtic Bookmakers chain have been saved from closure.

Sixteen shops in the collapsed gambling chain, headed up by former politician Ivan Yates, shut down with the loss of 56 jobs.

But receiver Neil Hughes, of accountancy firm Hughes Blake, said the remaining 29 outlets remain viable and will stay open with most of the jobs rescued.

"It is with great regret that we have announced the closure of 16 shops with the loss of 56 jobs," he said.

There were fears for 237 jobs at the company after it went into receivership earlier this month, owing Allied Irish Banks more than 6 million euro.

Two shops in Raheny, Dublin and Naas, Co Kildare, have already closed, with the loss of six jobs, since the receiver was put in place.

The other closures are in Dublin (Dean Street, Dun Laoghaire, Blanchardstown, Phibsboro), Castlecomer Road in Kilkenny, Cork City, Limerick City, Mallow, Carrick on Suir, Cashel, Dooradoyle in Co Limerick and Listowel, Co Kerry.

Outlets in Sligo, Ballina in Co Mayo, Tuam and Roscommon also shut.

The shops will reopen next week for one day to settle all bets.

Mr Hughes said all workers who lost their jobs would receive statutory entitlements.

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