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 …
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BHA making plans for independence
The British Horseracing Authority (BHA) has announced that it is making changes to its Board and its way of working. These changes are designed to fit with governance best practice and help the implementation of the current Strategy for Growth work. The BHA has started the process of finding a number of new Directors and has appointed specialist search firm …
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