Betfred sells its remaining 75% stake in the Tote pool betting operation to the UK Tote Group, the Alex Frost-led outfit formerly known as Alizeti Capital.
UK bookmakers Betfred and Ascot Racecourse ink five-year pool betting deal that will see the launch of new AscotBet betting service next summer.
Major UK racing groups reportedly considering launching pool betting alternative when Betfred's Tote monopoly expires in 2018.
UK bookies Betfred tap GTECH to broaden Aussie betting horizons and delegate UK Totepool betting platform technology duties to Sportech.
Betfred get Tote rebate of £32m after an early payment clause allowed them to reduce the original bill of £265m to £233m.
Betfred pre-tax profits up 30% in most recent fiscal year; William Hill not ditching Gibraltar despite POCT; Paddy buys nine Hacketts shops
TotelFootball inks Tote; Sheriff Gaming mobile & land-based launch; OpenBet boosts William Hill; SBTech inks 10Bet; NYX inks Svenska Spel
Aussie bookie Tom Waterhouse edged out Tabcorp with $50m NRL deal; Betfred inks £15m deal with UK racecourses; OpenBet and Betdigital tie-up
Microgaming brings new games; Perform signs women's tennis deal; ASA rules in Tote/Betfred favor
OPAP earnings fall in Q2; Playtech may spend €100m on acquisitions; Tote deal being studied by UK Office of Fair Trading;