Greyhound betting business 24dogs - owned by Wembley plc - has closed down after it failed to hit profitability.
According to a report in the UK's Daily Express newspaper, 24dogs closure will see 26 jobs lost.
The firm revealed losses earlier this year of £1.3million ($1.99/EUR1.94m) and despite predictions of breaking even by the end of the year, Wembley plc - former owners of Wembley Stadium - have decided to pull the plug.
Wembley plc faced a further blow with news that attendance figures at its six UK dog tracks dropped 24 percent in June - a dip it blames on the FIFA World Cup.
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