Betfred Offers To Downsize To Keep Regulator Happy
BETFRED OFFERS TO DOWNSIZE TO KEEP REGULATOR HAPPY
18th December, 2011 at 00:35:10Source: http://www.azonlinecasinos.com
UK bookie prepared to sell 25 betting outlets to gain 517
Brit land and online bookmaker Betfred has offered to sell a betting shop in each of the 25 areas where regulators are concerned about competition following the gambling company's recent takeover of the Tote from the government (see previous reports).
Before the Office of Fair Trading can approve the Tote deal, Betfred will have to relinquish the 25 betting outlets in areas where the competition element is a concern.
The company has a total of 840 betting shops throughout the United Kingdom, with the Tote adding a further 517 outlets to that if the deal is approved.
U.K. GAMBLING COMMISSION MULLS FEE CHANGES
02nd September, 2015 at 17:31:54
New regulatory and tax regime for online gambling has upped the costs.
Full Story: U.k. Gambling Commission Mulls Fee Changes »
AUSSIE ANTI-ONLINE GAMBLING CRUSADER CLIMBS ON THE 'IN-PLAY' BANDWAGON
02nd September, 2015 at 08:07:17
Xenophon urges federal government to take action on internet and mobile sports betting operators.
COMBATTING ONLINE GAMBLING BANKRUPTCY RIP-OFFS
01st September, 2015 at 08:38:57
UK Gaming Commission implements regulations requiring regular operator reportage on player funds.
Full Story: Combatting Online Gambling Bankruptcy Rip-offs »
GOOD HALF-YEAR FOR GAMBLING TESTLAB
31st August, 2015 at 08:11:43
BMM sees revenues and earnings rise year-on-year.
Full Story: Good Half-year For Gambling Testlab »
LOSSES AT LASSETERS ONLINE SERVICE DIVISION
28th August, 2015 at 11:28:08
FY ended June 30 2015 shows a drop from profit to an A$80,750 loss.
Full Story: Losses At Lasseters Online Service Division »