Friday 30 November 2012

Tote Deal Pushes Betfred Sales to £6.7 Billion

LONDON, UK (November 28, 2012) – Last year's acquisition of the Tote had a dramatic impact on the performance of Betfred, pushing revenues to £6.7bn and earnings above £50m.

New service' reports that Betfred, led by Fred Done, acquired the state-owned bookmaker in July 2011 for £265m. The deal has added around 5,000 staff and 495 shops to the Warrington-based .............
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