$9.93M losses sends SenieMac to the brink of closure

Beleaguered Irish betting operator SeanieMac is seeking financial life support after the company bled an accumulated to almost $9.93 million worth of losses.

The Independent reported that SeanieMac, which was founded by Donegal hotelier and former GAA player Brian McEniff’s son Sean McEniff, sent an SOS from outside investors as it warned that it may cease operating if it can’t raise any additional funds.

SeanieMac said it needs $500,000 (€441,000) to pay for operational costs such as its website and marketing expenses.

“If the company is unable to obtain additional funding and improve its operations, the company’s financial operations may be materially adversely affected and the company may not be able to continue operations,” the company warned.