Betfred - part 1
Betfred is a bookmaker based in UK. It was founded by Fred Done, and is named after Fred Done and its character frontman. It was established in 1967 in Ordsall, Salford. It is the privately owned biggest retail outlet not only in the country but also in the world. The turnover of the bookmaker is constantly increasing and, currently its turnover is more than £1.5 billion. It has around 630 betting shops in UK.
The bookmaker has been responsible for sponsoring sport events, such as Betfred Gold Cup(horse racing), the Betfred Mile and Betfred Premier League(snooker). In addition to the given sports events, the company also allows people the facility of online betting, Playtech- casino and a poker room. The importance of the company can be gauged from the fact that it is the official bookmaker to Manchester United and refurbished Wembley Stadium. Besides sponsoring sporting events, it also sponsors various sports women and men.
The company employees 5000 people. For tech savvy gamblers, they can visit the official gambling sites, such as Betfredpoker.com, Betfred.com and Betfredcasino.com. It is known to provide maximum consolations and bonus than any other betting company. It’s been more than five years that the company’s telephonic betting was launched. Also, in 2005 Betfred ‘Games’ was launched.
The company plans to increase its shops to 800 in the country by the ends of 2008. It proposes to invest about £70 million in its expansion and consolidating its position. Currently it stands 38th as the top British companies. Its position is increasing constantly, in 2005 it was ranked 56th.