UK betting billionaire Fred Done, founder of bookmaker BetFred has invested in Manchester based start-up Degree 53.
The app developer is set to launch Myracingresults.com, a one stop shop horse racing portal, where racing enthusiasts will be able to access racing results, daily race cards, live betting odd and expert tips and information.
Myracingresults.com is the first product launch by Degree 53, who were founded by Managing Director – Andrew Daniels.
Myracingresults.com will target growth through social media and mobile channels, Degree 53 are set to launch mobile apps of their product where racing enthusiasts will be able to access the latest information regarding horse racing in the UK.
Jamie Prosser of Betting Investments Initial seed investors in Degree 53 commented “Degree 53 have done a brilliant job. This is the next stage in our strategic brand development and we have now started working with the team to produce a Myracingresults app for iPhone and iPad.”
Stefan Rodgers, commercial director at Degree 53 said: “We have a clear understanding of what Betting Investments want to achieve and we work closely with them to ensure their aims and expectations are met.
“They are an exciting company and we’re delighted that they continue to turn to us with new projects as they continue to develop their online presence.”