Tag Archives: Betfred

Betfred is set to expand its in-store engagement capacity, commissioning Playtech BGT Sports to install a further 250 widescreen terminals across its UK estates. The expanded agreement sees Playtech BGT service more than 3,000 terminals across Betfred’s 1,700 retail betting shops. In its market update, Betfred retail management stated that further Playtech BGT terminal provisions were needed to satisfy the …

The Alizeti consortium has secured the future of the Tote by striking a deal to purchase an initial 25% share of the pool betting operation, with an option to purchase the remaining 75%. The deal, said to be worth approximately £150 million, has been reached with Fred Done, the founder and CEO of Betfred who acquired the Tote from the …

Betfred founder Fred Done has backed ‘all-scale’ digital advertising platform Adzooma, an enterprise which seeks to deliver the quickest and simplest route to advertising online. Done and Betfred group marketing subsidiary ActiveWin Media, have become angel investors in the Nottingham-based venture. Founded in 2015 by Robert Wass and Dave Sharpe, Adzooma has developed an automated advertising platform designed to service …

The government has rejected advice from the Gambling Commission and the Responsible Gambling Strategy Board (RGSB) and cut stakes on B2 Gaming Machines – FOBTs – down from £100 to £2. The announcement was made this morning by DCMS minister Tracey Crouch and could have wide repercussions for the retail betting industry, horseracing and online gaming operations. Both William Hill CEO Philip …

The BBC has this weekend reported that UK betting bosses have penned a letter to Matt Hancock, Secretary of State for Culture, Media & Sport (DCMS), urging the government to drop its plans of implementing a £2 wagering limit on FOBTs machines. The letter to Hancock leader of DCMS, is supported by the leadership of GVC Holdings, William Hill, Betfred, Scotbet …

The Stobart Group has been announced as headline sponsor of the three-day Northumberland Plate meeting, after agreements were reached with the Arena Racing Company and Newcastle Racecourse. Titled the Stobart Group Festival of Racing, the festival is scheduled to take place June 28-30, featuring a stellar racing and entertainment line-up. David Williamson, Executive Director at Newcastle Racecourse, commented: “We are …

UK betting veteran, and former Betfred Managing Director, John Haddock has reappeared in a new post, as the MD for Nigerian land-based and mobile betting operation BonanzaWin. The news is the latest sign of the increased interest being shown in the betting markets of Africa, according to the company’s Founder and Chief Executive Sebastian Hybbinette, who says that Haddock joined the company recently and will …

Oddschecker has launched the second consecutive Cheltenham Traders Tipping League, expanding this year’s tournament to 11 operators. Last year’s tournament was dominated by Coral, who ran out comprehensive winners with 141.5pts of profit, it meant that if you had staked £10 on each tip provided by the bookie, you would have ended the festival with £1415 profit. The odds comparison …

Regulus Partners, the strategic consultancy focused on international gambling and related industries, gives an insight into some of the key developments in the gambling industry as part of its ‘Winning Post’ column. UK: 2017 Participation statistics – profound structural change continues The latest Gambling Commission Participation Data demonstrates a GB sector continuing to evolve along relatively established lines. There are few …

Sky News has reported that Betfred founder Fred Done is in ‘advanced talks’ to sell a significant stake of The Tote, as Betfred prepares to readjust its UK racing proposition. In 2017, Fred Done publicly stated that Betfred ‘was finished with UK racing’, and that his enterprise could ‘live without the sport’, following Jockey Club and Arena Racing Company (ARC) …