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Business
September 25, 2023
Mark Stebbings Plans to Step Down from COO Role with Betfred
The leading gaming and sports betting company that has a rich history of more than 50 years and operates more than 1,350 betting shops, Betfred, would soon have to start looking for a new group chief operating officer (COO), after Mark Stebbings, who currently holds the role, announced his plans to leave the company. The […]
Business
September 14, 2023
Betfred USA Selects Kresimir Spajic for CEO Role
The global gaming operator that has a strong presence in Great Britain with its 1,350 betting shops, Betfred Group, announced a new senior-level appointment, strengthening its operations in the United States. On Thursday, the company revealed that it hired the seasoned executive with a track record, Kresimir Spajic. Joining Betfred’s C-suite, he was appointed to […]
Business
September 13, 2023
Betfred Launches Geo-Friendly Insights Hub for Best-in-Class Content Creation
The leading betting and gaming company with over five decades of experience in the industry, more than 1300 shops, and over 9500 employees, Betfred, has announced the launch of its fresh insights hub, Insights.betfred.com. The new hub, which replaces the former blog.betfred.com hub that has been part of the company’s digital portfolio for the past […]
Legal
July 18, 2023
Betfred Fined Over Multiple AML and Social Responsibility Failures
The UK Gambling Commission (UKGC) has issued a £3.25 million ($4.25, current conversion rates) fine to Betfred following an investigation that uncovered a number of social responsibility and anti-money laundering (AML) violations. The commission noted that the failings in question occurred between January 2021 and December 2022. The UKGC listed Betfred’s shortcomings, noting that the […]
Sports
July 10, 2023
Betfred Reports Substantial Increase in Profits as Sales Soar
The renowned bookmaker, Betfred, has announced a substantial increase in profits as losses from gamblers in the UK continue to mount following the lifting of COVID-19 restrictions. According to recently disclosed accounts at Companies House, the company reported after-tax profits of nearly £20 million ($25.6 million) for the fiscal year ending on September 25, 2022, […]
Industry
July 5, 2023
Betfred Donates $107,000 to Prostate Cancer UK
Betfred, a British gambling operator, has made a donation to Prostate Cancer UK, a charity organization that supports people with prostate cancer. The donation comes in the wake of the Betfred British Masters golf tournament. The total donated sum is £84,000 (around $107,000). It follows the operator’s promise to donate £500 for every eagle made […]
Sports
June 27, 2023
Betfred and Spotlight Sports Group Reveal “What a Shout” Sponsorship
Betfred is an established sports betting company and Spotlight Sports Group is a tech, content, and media solutions provider with a particular focus on the sports betting landscape. Horseracing Coverage at Its Finest Together, the two companies are stepping in as sponsors for the 19 weekly episodes of the show, along with the “Live from […]
Sports
May 5, 2023
Betfred Adds St Leger Festival to Horse Racing Sponsorships
UK gambling firm Betfred has been unveiled as the new sponsor of the St Leger festival following a multi-year deal between the firm and the operator of the event. St Leger Festival’s Sponsorship Is a Privilege The new arrangement between Betfred and Arena Racing Company (ARC) means that the gambling firm will now sponsor three […]
Business
May 3, 2023
Betfred and US Integrity Hit the Refresh Button on Long-Standing Partnership
The wholly-owned American subsidiary of Betfred Group which operates more than 1400 betting shops and online and mobile products across the UK and South Africa has decided to extend its lucrative partnership with US Integrity. The two started collaborating in 2020 when the sports wagering monitoring company started to provide the sportsbook with its top-tier […]
Sports
April 20, 2023
DraftKings and Betfred Take an Interest in Minigolf
The World Putting League was possible thanks to the efforts of data and streaming rights holder Pro League Network (PLN). The company specializes in niche sports, recognizing minigolf’s potential to deliver a thrilling betting experience. Operators DraftKings and Betfred are already on board with comprehensive odds and analyses, benefiting from the seasonal slowdown in high-profile […]
