Tag Archives: Tote
- Betfred, Ascot Racecourse ink pool betting deal
April 4, 2017
UK bookmakers Betfred have inked a pool betting deal with Ascot Racecourse, dealing a preemptive strike against the plan by other racecourses to launch their own pool betting system. On Monday, Ascot announced it would launch AscotBet, its own pool betting system, next summer. The system will be underpinned by...
- UK racing considers Tote alternative when Betfred monopoly ends in 2018
April 3, 2016
The bloom may be off betting operator Betfred’s purchase of the Tote as the UK racing industry considers launching a rival pool betting business. Betfred’s £265m deal for the Tote gave it an exclusive right over race pool betting in the UK until 2018. But the Mail on Sunday reported...
- Betfred taps GTECH to expand Aussie betting, Sportech to power Totepool
July 10, 2014
UK bookmakers Betfred have enlisted longtime technology supplier GTECH to help broaden its betting horizons in Australia. Betfred soft-launched a mobile-only sports betting product down under in May and vowed that standalone apps as well as desktop sports and horseracing wagering products would follow later this year. Like most Aussie...
- Betfred Get Tote Rebate For Early Payment
March 14, 2014
Betfred get Tote rebate of £32m after an early payment clause allowed them to reduce the original bill of £265m to £233m. The Mail Online has revealed that the UK bookmaker Betfred managed to acquire the Government-owned Tote for a mind boggling £32m cheaper than was originally thought to be...
- Betfred profits surge; Hills sticking with Gibraltar; Paddy adds nine Irish shops
December 18, 2013
UK betting operator Betfred saw profits surge 30% in its most recent fiscal year. Fred Done’s company saw turnover rise 19% to £8b in the 12-month period ending March 31, while pre-tax profits hit £69m. The company’s online division saw profits rise 42% to £6.6m, while the Tote pool betting...
- DEALS: Tote inks TotelFootball; OpenBet Promotes Hills; NYX’s Swedish bingo
January 31, 2013
UK bookie Betfred is taking its recent Tote acquisition into uncharted waters with the addition of TotelFootball’s fantasy football betting product. The deal marks the first time the Tote has added third-party pool betting product, and reflects Betfred’s goal of expanding the Tote’s pool betting scope beyond horse racing. TotelFootball...
Report: Sweden to end Svenska Spel online gambling monopoly
March 30, 2017
Betfred hops on social casino bandwagon with Betfred Social
March 22, 2017