The UK Tote Group, the consortium of racing-backed investors formerly known as Alizeti, has revealed that it will begin a ‘new era for the Tote’ after confirming the completion of its acquisition of the UK’s pool betting operator for horse racing, making the group the sole owner. Outlining its plans for brand development, the Group has placed a particular focus upon the modernisation …
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Kemp departs Ladbrokes Coral to join Together for the Tote
Together for the Tote has confirmed that Mark Kemp has been appointed as the group’s UK Managing Director, after holding the same position at Ladbrokes Coral. Due to take on the new role later in the year, Kemp has held a number of positions across the gambling sector with executive board experience across marketing, operations and product in both the …
Read More »Alizeti unveils heavyweight executive team to reshape the Tote
Under the banner ‘Together for the Tote’, investment consortium Alizeti has unveiled the executive management team which will seek to revitalise the Tote’s racing pools betting proposition. Led by racing financier Alex Frost, last May Alizeti secured a 25% stake in the Tote, valued at approximately £150 million with a further option to acquire 100% of the legacy operator in future transactions. …
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