The merger of Ladbrokes Plc and Gala Coral is almost good to go after the bookmakers revealed that 359 betting shops of its combined retail portfolio will be sold to Betfred (322 shops) and Stan James (37 ). The sale of the betting shops is conditional upon the approval of the UK Competition and Markets Authority (UK CMA) and will be …
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Betfred to become Super League sponsor in 50th year of trading
Betfred has been confirmed as the new official Super League title partner in a three-year deal which starts in 2017, Betfred’s 50th year of trading. Until 2019, Rugby League’s elite UK club competition will be known as the Betfred Super League. Alongside the naming rights, the company will be showcased at grounds across the country in front of more than …
Read More »CEO John Haddock leaves Betfred
Industry news sources have reported that John Haddock has left as Chief Executive Officer of independent bookmaker Betfred. Haddock departs following thirty years’ service with the Manchester-based bookmaker, having served as CEO since August 2014 when he replaced Fred Done at the head of the company after years serving as managing director. As yet, Betfred governance has not disclosed any details …
Read More »Betfred to win Ladbrokes-Coral UK betting shop portfolio bid
The Irish Independent has reported this weekend that Betfred is set to win its bid to acquire 360 betting shops from the £2.3 billion Ladbrokes-Coral merger. The Manchester-based firm is reported to have pipped Irish independent bookmaker Boylesports for the Ladbrokes-Coral retail inventory which was put up for sale in order to meet UK CMA competition standards. As the …
Read More »SBC lines up expert panel for AML workshop at Betting on Sports
With the 4th anti-money laundering (AML) directive likely to bring the betting industry within the regulated AML sector for the first time, and forthcoming data protection changes rendering gambling operators liable for huge new financial penalties for data protection breaches, SBC Events has brought together an expert panel to deliver timely guidance for chief executives, heads of marketing, compliance teams and …
Read More »32Red takes on Sprint Cup sponsorship
Gibraltar-based online bookmaker 32Red takes over from Betfred as the official sponsor of Haydock Park Racecourse’s ‘Sprint Cup’ (1-3 September). Seeking to boost its coverage within UK racing, 32Red will take on sponsorship of the 50th edition of the £260,000 race. The betting brand will further sponsor the full card on Sprint Cup Day in 2016, and will undertake sponsorship …
Read More »New football app Gloryhunter signs deal with Betfred
Gloryhunter, the company behind a new football app described as the ‘most original, real-time football game since fantasy football’, has signed an exclusive partnership deal with Betfred. Gloryhunter players can now view updated odds from Betfred for every match and win monthly points and prizes from both Betfred and Nike, another listed partner. At the end of the 2016/17 season, …
Read More »Ladbrokes Coral merger to be completed in autumn after CMA ruling
The merger between Ladbrokes and Coral is set to complete this autumn after the Competition and Markets Authority (CMA) confirmed that the two firms must divest between 350 to 400 shops. In its final judgement, the CMA said: “Having considered responses to its provisional findings published in May and further analysed the evidence, the group of independent panel members investigating the …
Read More »Timeform picks four winners in the Tipster Challenge at Bath
Betfred helped the Guests extend the lead at the top of the Tipster Challenge table to 5.51 points. Represented by Michael Whittle, Sports Acquisition Executive at Betfred, the Guests picked up a pair of winners and 2.68 points. However, it was Timeform who enjoyed the most successful day at Bath Races, as the combined victories for Dawn Horizons (4/5), Pine …
Read More »Betfred return to hold off SBC News in the Tipster Challenge
Michael Whittle is back for a second go at the Tipster Challenge in Bath. Whittle has been the Sports Acquisition Executive at Betfred since 2013, having started out as a Digital Marketing Assistant after graduating from the University of Salford with a BSc in Business Studies with Marketing Management. He will be looking to improve upon a record of two …
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