Tag Archives: fred done

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, …

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 …

The Sunday Times has reported that Betfred is nearing a deal to buy hundreds of betting shops, as the Ladbrokes-Coral merger enters the final stages of its UK Competition and Markets Authority (CMA) review. As part of its merger completion, Ladbrokes-Coral has been forced to sell a significant number of betting shops in order to secure UK competition approval and …

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. …