Tag Archives: Betfred

Betfred sponsors ‘long-standing rivalry’ Heavyweight fight Fury vs Chisora

SBC News Betfred sponsors ‘long-standing rivalry’ Heavyweight fight Fury vs Chisora

Betfred is set to become a main sponsor of the upcoming World Heavyweight Championship fight which sees Tyson Fury take on Derek Chisora. The clash will be hosted at the Tottenham Hotspur Stadium on 3 December, whilst promotions company Frank Warren and Queensberry announced the bookmaker’s sponsorship. “I am delighted to be the title sponsor of this WBC World Heavyweight …

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Inspired leads Betfred’s VLT upgrade

SBC News Inspired leads Betfred's VLT upgrade

Betfred has committed to the procurement of 5,000 new Vantage cabinets to Inspired Entertainment as part of a new five-year contract signed between the two parties. Vantage, the latest edition to the Inspired VLT family which also includes Eclipse and Valor, is powered by an intelligent operating system that drives player game recommendations based on their playing sessions. The UK-based bookmaker Betfred has committed …

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UKGC penalises Betfred £2.8m for customer care failings  

SBC News UKGC penalises Betfred £2.8m for customer care failings  

The UK Gambling Commission (UKGC) has summoned Betfred’s Gibraltar-based subsidiary Petfre Limited to pay a £2.87m penalty for a series of social responsibility and anti-money laundering failures. The regulatory settlement is being undertaken due to social responsibility and AML discrepancies registered by Petre, the operating company of Betfred.com and Oddsking.com for the period of October 2019 to December 2020.  Petfre …

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UK Gambling joins ‘nation in mourning’ closing all Bank Holiday retail trade

SBC News UK Gambling joins 'nation in mourning' closing all Bank Holiday retail trade

UK betting shops, casinos and bingos will be closed on Monday 19 September, to observe and respect Her Majesty Queen Elizabeth II’s state funeral. This weekend, UK gambling’s biggest retail operators individually announced that they would follow high street counterparts and close retail trade on Monday 19 September – a Bank Holiday ordered by the government to host Queen Elizabeth’s …

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William Hill & Betfred close Friday retail trade in respect of Elizabeth II’s passing  

SBC News William Hill & Betfred close Friday retail trade in respect of Elizabeth II’s passing  

William Hill and Betfred have separately confirmed that their betting shops will be closed on Friday 9 September to respect the passing of Her Majesty Queen Elizabeth II.  The Big-4 retail bookmakers announced their decision to close shops on Friday via Twitter. William Hill stated: “We’re saddened to hear of the passing of Her Majesty The Queen. “Queen Elizabeth II, …

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Transatlantic tricks of the trade: Branch’s Reed Kuhn examines betting

SBC News Transatlantic tricks of the trade: Branch’s Reed Kuhn examines betting

Much of the global betting industry’s focus over the past year has been on US developments, but Europe still has ample ‘greenfield space’ ripe for revenue cultivation. Having established itself in North America’s big tech space from its Silicon Valley headquarters, Branch.io has now looked to new avenues for success.  Looking ahead, as the company’s Director of Business Strategy, Reed …

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Betfred extends PDC sponsorship following £35k charity donation

SBC News Betfred extends PDC sponsorship following £35k charity donation

Betfred has announced a three-year partnership extension with the Professional Darts Corporation (PDC), remaining as title sponsor of the Betfred World Matchplay. The bookmaker originally linked up with the PDC’s summer spectacular in 2019, and will now be, for at least seven years, the title sponsor of the Blackpool competition. “Our sponsorship of the Betfred World Matchplay has been a brilliant …

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Betfred maintains profit results against severe 2020/2021 pandemic restrictions 

SBC News Betfred maintains profit results against severe 2020/2021 pandemic restrictions 

The management of Betfred has declared that it looks forward to a year of no business interruptions, helping its retail and online units benefit from normalised trading environments. Publishing its consolidated 2020/2021 financial report on Companies House, the Manchester betting group registered group profits after tax of £6m. The bottom-line result was matched against 2019/2020’s profits of £204m – a …

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Betfred invests in LottoStar to accelerate South African drive  

SBC News Betfred invests in LottoStar to accelerate South African drive  

Betfred has significantly expanded its presence within South Africa, taking a ‘major shareholding’ in LottoStar to advance the market leader’s online betting offering.  Marked a major corporate initiative, Betfred will invest in LottoStar, which is recognised as South Africa’s leading brand for fixed-odds numbers betting and Live Games. “LottoStar has quickly developed itself as a leading brand, recognised nationally across …

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Betfred renews legacy VS partnership with Inspired Entertainment

SBC News Betfred renews legacy VS partnership with Inspired Entertainment

Betfred has announced that it will continue to work with Inspired Entertainment as its principal supplier of virtual sports (VS) games/content for its retail unit. The Manchester-based betting group announced that it has renewed terms with Inspired that has supplied its full range of VS games to Betfred’s 1,400 UK betting shops for the past 15-years. Inspired’s Virtual Sports have …

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