Tag Archives: Betfred

William Hill warns against Ladbrokes-Coral tie-up

Issuing a corporate submission regarding the planned £2.3 billion merger of Ladbrokes-Coral, William Hill has warned the UK Competitions & Markets Authority (UK CMA) that the creation of a merged enterprise will negatively undermine the overall UK betting industry. William Hill the UK’s biggest retail bookmaker, has urged the UK CMA to terminate the tie-up of Britain’s second and third …

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Ladbrokes set to lose historic sponsorship of Cheltenham Festival ‘World Hurdle Race’

Cheltenham Festival organiser, Jockey Club Racecourses (JCR) appears to be at loggerheads with Ladbrokes regarding the operator’s sponsorship of Grade 1 event ‘The World Hurdle Race (15.30 – St Patricks Thursday 17 March). Ladbrokes continued stand-off against UK racing’s proposed Authorised Betting Partner (ABP) scheme, has seen the bookmaker unable to renew its eleven year sponsorship of the race. JCR …

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Stan James chain in line for rebranding

Steve Fisher is facing up to the prospect of finding a new brand name for the Stan James chain of betting shops that he first set up in 1973, in a process that will cost a seven figure sum. As reported by Racing Post, the change has been forced by the Swedish operator Unibet’s purchase of the seperate Stan James …

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Betfred launches Apple Watch app in partnership with Degree 53

Betfred has become the latest bookmaker to release a dedicated Apple Watch betting app, in partnership with Manchester digital development studio Degree 53. The newly launched betting app will allow Betfred Apple Watch customers access to multiple in-play markets, the app has further integrated cash-out functionalities. Stuart Magowan, Betfred’s Mobile Portfolio Manager, commented on the release: “Betfred for Apple Watch …

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York Racecourse declines BHA’s ‘ABP Status’ sponsorship policy

York Racecourse officials have stated that they will allow bookmaker sponsors’ to renew track and event sponsorships regardless of whether the companies’ have gained an Approved Betting Partner (ABP) status by the British Horseracing Authority. The independent racecourse becomes the first venue to declare that it will not abide by BHA and UK Racing policy regarding ABP status for bookmakers, …

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Fred Done – Betfred has eyes on Ladbrokes – Coral retail portfolio

Fred Done owner of Betfred is reported to be closely monitoring the £2.3 billion merger of Ladbrokes and Coral. Speaking to The Sunday Times, Done detailed that his firm were preparing to bid for as many as 500 retail betting shops he believes will be sold in order for the merger to satisfy UK regulatory competition terms and conditions. At …

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Fred Done – ‘Betfred can walk away from racing if sponsorship is not wanted’

Speaking to the Racing Post, Betfred founder Fred Done has stated that he is prepared to walk away from racing if the sport’s governing bodies do not want his company’s sponsorship money. Done waded into the escalating row concerning the ‘authorised betting partner’ classification which has divided racing industry stakeholders and betting operators. Racing’s recent announcement that it will only …

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Betfred confirms closure of Wigan Tote Park call centre

Betfred governance has confirmed the closure of its Wigan Tote Park  call centre, in a move which will effect more than 100 employees, the majority part time workers. The operator confirmed that it found jobs for seven of the fourteen full time staff affected by the closure. The Warrington based bookmaker will look to close the Wigan call centre by …

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Betfred closes Wigan Tote Park call centre

Betfred has announced the closure of its Tote Park Wigan call centre. The call centre was inherited from its 2011 £250 million acquisition of former state-owned betting operator Tote. The closure of the call centre could see 14 full-time and 98 part-time employees lose their jobs, although the company says that, given the size of the overall enterprise, it would …

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Green Party opposes Betfred opening in Scunthorpe

Betfred’s plans to open a betting shop in Ashby’s Broadway Center (Scunthorpe) have come under fire from the UK Green Party. The Green Party, supported by the Campaign for Fairer Gambling and local retailers has opposed Betfred’s proposed plans of opening a third bookmaker on Ashby commercial shopping centre. The protesters believe that a third betting shop would be detrimental …

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