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Fred Done maps the way forward in Manchester Evening News interview

The owner of the Betfred bookie empire, Fred Done, has shared his vision of the group's future with the Manchester Evening News following the sale earlier this week of his Netherlands Antilles-registered online casino operation Betfred NV for GBP 27.2 million to an undisclosed buyer.
 
Done said his Betfred empire would open its 800th land branch by the spring and he believed the group could grow to 1 000 outlets within three years. The expansion would create 350 jobs over the next 12 months in a Britain desperate to create employment in the current recession.
 
Over the past few years, Betfred has expanded at a rate of around 80 shops a year with investment of GBP 15 million, Done revealed. But during the current financial year, which ends in March, the chain will have added 50 outlets with 70 openings and 20 closures. This year, it will add about 40 shops at a cost of around GBP 7 million, creating 350 jobs, he predicted. The group currently employs 4 000 staff, including 350 at its headquarters.
 
Turnover is proving robust despite the economic climate, Done told the newspaper, with growth of around five percent to an expected GBP 1.6 billion.
 
The group is also investing heavily in its IT operations with a GBP 1.5 million programme to introduce chip-and-pin technology in all its shops.
 
Betfred shelved plans to sell or float the business on the stock exchange at the end of 2007, discouraged by turbulent market conditions and preferring to focus on growth, but may reconsider a stock market listing in between three and five years' time, Done said.
 
The group's e-gaming operation based in Gibraltar is surging ahead, Done revealed. It offers bingo, poker, casino and roulette games online and has grown from a standing start 15 months ago to revenues of around GBP 300 million and a staff of 26, which Done expects to double over the next 12 months.



Gambling News :

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

Mega Moolah Jackpot Hits on 9/27/2017 - Another millionaire made on Microgaming’s Mega Moolah; 5th largest Microgaming payout

Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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