Tag Archives: fred done

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 …

World Snooker have announced that Betfred has extended its title sponsorship of the World Championship for an extra two years. Snooker’s biggest tournament will continue to be called the Betfred World Championship until at least 2019. This year’s event finished on Monday with Mark Selby beating Ding Junhui 18-14 in the final at the Crucible Theatre in Sheffield. A global audience of …

Betfred Co-Founder Fred Done has paid out more than £1 million to 8,000 punters who backed Leicester City to win the Premier League. Of these one of the happiest has to be a punter from Warwickshire who is now £45,000 richer having staked £30 on the Foxes to win the league at odds of 1500-1. Leicester City’s 1-0 win over Southampton on Sunday left them …

Action from Ascot, Haydock and Wincanton makes up this weekend’s totescoop6 where a single winner of the combined funds could walk away with a life changing £1.25m.   The win fund stands at £117,410 after it eluded punters last week, while the bonus pool – which rolled over for the 32nd time in a row in the Betfair Hurdle – is creeping …

Fred Done owner of Betfred is reported to be closely monitoring the £2.3 billion merger of Ladbrokes and Coral. Speaking to The Sunday Times, Done detailed that his firm were preparing to bid for as many as 500 retail betting shops he believes will be sold in order for the merger to satisfy UK regulatory competition terms and conditions. At …

The British Horseracing Authority (BHA) has named Betfair as its first ‘authorised betting partner’ (ABP) having agreed a three year deal which will see the operator pay a percentage of racing revenues for its betting services. Betfair who have voluntarily supported the 54th levy scheme since its first announcement in September, is the first bookmaker to gain official ABP status. …

Speaking to the Racing Post, Betfred founder Fred Done has stated that he is prepared to walk away from racing if the sport’s governing bodies do not want his company’s sponsorship money. Done waded into the escalating row concerning the ‘authorised betting partner’ classification which has divided racing industry stakeholders and betting operators. Racing’s recent announcement that it will only …

Mobile games and platform developer Nektan has extended its client services by agreeing a marketing provisions partnership with Betfred owned Active Win Media to service its client mobile gaming marketing and player acquisitions operations. The partnership will see the launch of Nektan Marketing Services (NMS), operated by Manchester based  Active Win Media. NMS will provide full turnkey services for Nektan’s partners to acquire …

Just in time for the start of the 2015/2016 Premier League season, Betfred’s Totepool has announced the launch of its £1 million Scoop6soccer fund. For only £2 Betfred customers will be allowed to make correct score predictions on six selected Premier League matches, if guessed correctly the lucky predictors will win a guaranteed £250,000. Additionally the Scoop6soccer punters who predict …