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Business
January 10, 2025
Betfred Leaves Nevada, US Exit May Be Imminent
Gaming company Betfred has just exited Nevada’s gaming market, leaving it operational in a single US jurisdiction. The operator has been gradually scaling down its American operations, hinting at a possible exit from the region. All Outstanding Bets Will Be Respected On its official website, Betfred confirmed the exit, warning patrons about its exit from […]
Legal
November 18, 2024
WeWinGames Takes Betfred to Court over Unpaid Fees
Betfred has found itself in trouble after allegedly forgoing to pay one of its affiliate partners. The plaintiff is now seeking damages, attorney fees and court costs. WeWinGames Had a Deal with Betfred As reported by gaming news outlet NEXT.io, the lawsuit was filed by affiliate firm WeWinGames on November 12. WeWinGames claimed that the […]
Casino
October 24, 2024
Woman Wins £4.3M Jackpot from a £2 Online Bet at Betfred
A lucky online casino player “has it all figured out” after a huge £4.3 million (approximately $5.6 million) win at Betfred. According to the operator, the winner is an accountant from north London who won the huge prize from a £2 bet. The Woman Is Still in Disbelief The triumphant winner won what Betfred called […]
Business
October 14, 2024
BOXXER Forms a Strong Partnership with Betfred
BOXXER, a world-class boxing promotional company, has formed a new partnership with Betfred, one of the United Kingdom’s largest operators. As a trusted and respected brand, Betfred will be a valuable entry in BOXXER’s list of operator partners. BOXXER Will Promote Betfred’s Brand BOXXER, which was founded in 2018 by Ben Shalom, a prominent entrepreneur […]
Business
October 4, 2024
Betfred to Exit Virginia Too as Its Departure from Arizona Looms
Betfred has announced its exit from yet another US market amid an ongoing downsizing of its business in America. The latest state where the sports betting operator’s products will no longer be available is Virginia where it officially stopped taking bets on Tuesday. The Company Struggled in Virginia Betfred has been gradually exiting the US […]
Business
September 23, 2024
Betfred to Exit Arizona in November as US Downsizing Continues
Betfred is continuing the downsizing of its American business, which is in line with the company’s earlier announcements. The operator has now confirmed that it will leave Arizona before the end of the year. Betfred to Put an End to Its Operation in the Grand Canyon State On Thursday, Betfred said that it will exit […]
Sports
August 19, 2024
Betfred Hints at US Exit and Additional Downsizing
UK-based gambling operator Betfred has had a busy July. After reporting a pre-tax loss of £71.7 million ($91.7 million) for the year ending October 1, 2023, which marked a significant drop from the previous year’s profit and being slapped with fines over several anti-money laundering and social responsibility failures, the operator stopped its sports betting offerings […]
Business
July 10, 2024
Betfred Reports Loss Despite Nearly Doubling Online Gambling Revenue
Betfred’s online gambling operations have grown significantly, but the company reported a pre-tax loss of £71.7 million ($91.7 million) for the year ending October 1, 2023 – a massive swing from its £19.6 million ($25.1 million) profit in the previous year. Betfred’s Turnover Climbs 25.6%, Driven by 99% Surge in Online Revenue Overall turnover at […]
Sports
June 21, 2024
Betfred Exits Maryland After Ranking 10th in Mobile Handle in May
Sports betting operator with over five decades of experience that owns and operates over 1,600 betting shops in the UK and a best-in-class online casino and betting product in the UK and Spain, Betfred, has announced its decision to exit the state of Maryland. The British gambling company’s decision covers both the Old Line State’s […]
Business
May 15, 2024
Betfred Integrates Sharp Gaming as Its New Technology Department
Betfred, a leading player in the UK gambling industry, has officially rebranded Sharp Gaming, the Warrington-based firm it acquired in 2021, as its new technology department. This rebranding follows the successful migration of Betfred’s online customers onto a unified proprietary platform developed by Sharp Gaming, marking the culmination of years of hard work. The Integration […]