Betfred to Close 132 Shops, Impacting Hundreds of Jobs
Betfred is preparing to streamline its business in the UK with the closure of over a hundred locations across the country.
Betfred
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Betfred to Cut 600 Jobs and Close 132 Shops Due to UK Tax Increases
UK gambling company Betfred has confirmed that it will cut 600 jobs and close 132 shops across the country.
Betfred to pay $1.2 million settlement to UK regulator
Petfre (Gibraltar) Limited, the operator of betfred.com, will pay £900,000 ($1.2 million) to settle an investigation by the UK Gambling Commission into failures in its social responsibility controls.
UKGC Fines Betfred Operator $1.2M Over Social Responsibility Failures
Following an investigation into Petfre Limited, operator of Betfred, the United Kingdom’s Gambling Commission (UKGC) found numerous social responsibility failures.
Betfred Temporarily Halts Operation in Ireland
Betting operator Betfred has confirmed that its gaming products will be temporarily unavailable to customers in Ireland.
Betfred Owner Fred Done's Jersey Move and UK Gambling Operators
New tax rises are forcing hard choices across the U.K. gambling industry. For operators such as Betfred, the financial impact is becoming more pronounced, while precedents for offshore structuring are already in place.