Lasseters posts profit in year to end June; continues to seek investors

Lasseters, whose shares have been suspended from trading on the Australian Securities Exchange since 2008, posted a profit of $22,221, compared with a loss of $62,353 a year earlier. There are no operating figures as the online gaming company has ceased operations and has been working with advisers to find “suitable” partners and an asset injection. 

The debt owed by Lasseters to its parent company and other entities rose to $9.53 million from $9.45 million in 2012. In August, Lasseters Corp, agreed to sell all its shares in Lasseters Casino Pty and Lasseters Sportsbook Pty to Isentric (Australia) Pty.