UK-listed gambling operator GVC Holdings is shutting down its Ladbrokes Coral office in Tel Aviv, putting some 140 jobs at risk.

On Tuesday, eGaming Review reported that GVC planned to shutter its Ladbrokes Coral office in Tel Aviv as part of a marketing reshuffle. The news was confirmed Wednesday by Israeli technology news outlet Calcalist, which revealed that the Tel Aviv office would close by the end of this year.

Calcalist reported that Ladbrokes Coral’s 140 Tel Aviv staffers will be offered relocation opportunities at the company’s other global offices, but sufficient redundancies are a distinct possibility. The office’s marketing positions are being transferred to Gibraltar while other tech positions will now be handled in Hyderabad, India.

Ladbrokes Coral’s Tel Aviv office had suggested only last year that it planned to hire up to 200 local staff. A GVC spokesperson said the company was committed to provide soon-to-be-redundant staffers with “fair and compassionate treatment” and assistance in transitioning to their next career opportunity.