Betfred has secured a foothold in the South African betting market, purchasing Betting World (bettingworld.co.za) from Phumelela, conducted via the newly established Betfred South Africa brand. Carried out at a purchasing price of R120 million (£6.1 million), subject to final adjustment relating to the net capital of working items, the transaction was considered officially concluded as of 31 May. The …
Read More »Tag Archives: Phil Siers
Chelmsford calls on horsemen to help offset prize-money cuts
Following recent cuts to prize money across the racing scene, Chelmsford Racecourse has called for further support from horsemen to offset the drop in revenues as a result of loss in media rights. After the introduction of FOBT legislation, which dropped machine stakes from £100 to £2, an estimated 1,100 betting shops have closed their doors which has subsequently resulted …
Read More »SBC Events breaks attendance records with second Betting on Sports
A record number of delegates, exhibitors and top-level industry speakers attended the second edition of the Betting on Sports conference, held from 12-15 September at the Olympia Conference Centre in London. There were more than 1,300 registrations, a 100% increase on the number for the inaugural edition of the event and a 30% increase on attendance from this year’s biggest …
Read More »Strongest ever speaker lineup for next week’s Betting on Sports
There’s just one week left to secure your ticket to Betting on Sports 2017 (12-15 September), an event stocked with the strongest lineup of speakers the sports betting industry has ever seen. Next week Olympia Conference Centre will open its doors to more than 1,200 high-level delegates, including representatives of more than 120 operators, 80 high-level affiliates and hundreds of …
Read More »