Tag Archives: fred done

Betfred.com renews casino supplier partnership with Playtech

SBC News Betfred.com renews casino supplier partnership with Playtech

Updating the market, FTSE-listed gambling technology provider Playtech Plc (Playtech) has informed investors that UK independent bookmaker Betfred has extended its online casino platform lead supplier agreement for Betfred.com until 2020. In May 2016, Betfred governance surprised industry observers by announcing that it would move its digital platform’s for sports betting and igaming services to GVC Holdings’ newly acquired bwin.party …

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Betfred ‘back in the black’ for 2015/16

SBC News Betfred 'back in the black' for 2015/16

Filing its corporate accounts for tax year 2015/16, independent bookmaker Betfred has posted pre-tax profits of £32.4 million reversing operating losses of £88 million recorded in 2014/15.  Issuing a short statement attached to its year-end filing (period ending 25 September 2016), Betfred governance stated that wagering through increased player activity had grown significantly throughout its business properties. As a result, …

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Betfred’s Robert Mabbett wins Betting Shop Manager of the Year

SBC News Betfred’s Robert Mabbett wins Betting Shop Manager of the Year

Robert Mabbett, 37, has been confirmed as Betfred’s first ever winner in the SIS/Racing Post Betting Shop Manager of the Year. Mabbett, the North-East champion for his work in Brough, East Yorkshire, was declared the overall winner amongst the eight regional champions picked from an entry list involving high achievers from betting offices all over Britain and Ireland. Fred Done, …

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Betfred to become Super League sponsor in 50th year of trading

SBC News 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 …

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CEO John Haddock leaves Betfred

SBC News 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 …

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Betfred to win Ladbrokes-Coral UK betting shop portfolio bid

SBC News 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 …

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New football app Gloryhunter signs deal with Betfred

SBC News 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, …

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Boylesports prepares £100 million bid for Ladbrokes-Coral retail portfolio

SBC News Boylesports prepares £100 million bid for Ladbrokes-Coral retail portfolio

Stating its corporate intent to increase its profile within the UK betting market, Irish independent bookmaker Boylesports outlined to the Irish Business Post that it is prepared to bid £100 million (€118 million) for a significant chunk of Ladbrokes-Coral retail betting shop inventory. Meeting industry competition concerns, the UK Competitions and Markets Authority (CMA) has forced Ladbrokes-Coral to sell circa …

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Increased costs and taxes see Betfred ‘in the red’ for 2015

SBC News Increased costs and taxes see Betfred 'in the red' for 2015

Despite increasing corporate revenues to £10 billion, UK bookmaker Betfred has posted an operating loss of £76.6 million (52-week period ending 27 September 2015). Filing its annual return with UK Companies House the Manchester-based operator reported that its financial performance had been impacted by increased gambling taxes which lowered operating margins. Furthermore, the bookmaker like its industry competitors was hit …

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