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Betfred is a bookmaker based in the United Kingdom, founded by Fred Done. [note 1] It was first established as a single betting shop in Ordsall, Salford, in 1967.Its turnover in 2004 was reported to be more than £3.5 billion, having risen from £550 million in 2003 and has continued to grow to over £10 billion in 2018-2019. [1]
The Tote was established and owned by the UK Government until July 2011 when it was sold to Betfred for £265m. It was sold to UK Tote Group - a consortium of over 150 individual investors involved in the sport as racehorse owners and breeders - in October 2019 for £115m. [ 2 ]
Betting shop. A betting shop in Greece, managed by the state monopoly of Opap. In the United Kingdom, Ireland, [ 1] Australia and New Zealand, a betting shop is a shop away from a racecourse ("off-course") where one can legally place bets in person with a licensed bookmaker. Most shops are part of chains, including William Hill, Ladbrokes, or ...
Founder & Chairman, Betfred. Years active. 1967–current. Organization. Betfred. Relatives. Peter Done. Fred Done (born March 1943) is a British billionaire businessman and the owner of the bookmaking chain Betfred, which has more than 1,600 betting shops in the UK. [1] [2]
Betfred managed to stay afloat by pivoting from horse racing — the major sport that involved betting — to afternoon dog racing. After 12 months of successfully being in business, Done and his brother decided to expand by buying another storefront. They bought their new shop at £250 and made the money back within the week.
Bet365 is a British gambling company founded in 2000. Its product offering includes sports betting, online casino, online poker, and online bingo. Business operations are conducted from its headquarters in Stoke-on-Trent, alongside a satellite office in Malta. It was founded by Denise Coates, who remains the majority shareholder and joint-chief ...
BoyleSports was created by John Boyle [4] in 1982, when he opened his first betting shop in Markethill, County Armagh, Northern Ireland. In 1989, five locations were opened in Drogheda, and in 2002, 14 new shops were opened. The organization had 77 shops by August 2004, [5] and opened its 100th store two years later, in 2006. [6]
The Betfred British Masters is a professional golf tournament. It was founded in 1946 as the Dunlop Masters and was held every year up to 2008, except for 1984. Dunlop 's sponsorship ended in 1982, and the name sponsor changed frequently thereafter, with the words "British Masters" usually also in the tournament's official name.