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
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 »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 »GamCare launches Gamble Aware Week in Cardiff, Glasgow & Manchester
Gambling harm and addiction prevention charity GamCare has launched its ‘Gamble Aware Week’ in the UK cities’ of Cardiff, Glasgow and Manchester. Aiming to raise public awareness of problem gambling conditions GamCare will be offering free drop-in information and advice sessions for anyone concerned about gambling. GamCare detailed that the sessions would be ‘friendly and informal’, focusing on giving the …
Read More »Betfred closes in on Ladbrokes-Coral betting shops
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 …
Read More »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 …
Read More »bet365 to open technology hub in Manchester
Independent bookmaker bet365 is set to open its first satellite technology office in Manchester’s Spring Gardens. Looking to bolster its technology development arm, bet365 is reported to be seeking 50-70 new employees who will support its Stoke-based HQ. bet365 governance will aim to open its Manchester hub office by early May. Speaking to the Manchester Evening News, bet365’s Head of …
Read More »Agency Alert! William Hill seeks new creative for UK nationwide campaign
UK marketing news source Campaign Live (Campaignlive.co.uk) has reported that FTSE listed bookmaker William Hill is seeking a new creative agency ahead of a planned major UK advertising and promotional drive. The bookmaker will retain the services of Leeds and Manchester based agency Bark & Bite. However Campaign Live reports that William Hill marketing are seeking ‘extra fire power’ for …
Read More »Gambling-related harm targeted in ground-breaking study
Two local authorities are the first in the UK to map people at risk of gambling-related harm in their communities. This comes before a change to regulations on April 6th, which will require all gambling premises to prepare a local area risk assessment. Westminster City Council and Manchester City Council teamed up with Geofutures to produce the report. The two local …
Read More »Betfred on the up with £593 million profits
Manchester based bookmaker Betfred has reported £593 million in profits for the 18 month period from March 2013 to September 2014, up from £362 million for the previous 18 months. Detailing UK media insights into its operations, Betfred reported that it recorded £13 billion in turnover for the period. The bookmaker further noted that its online gaming division had recorded …
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