BetFred.com Listing Itself
It may not be a household name for some, but in the online casino and land-based
betting industry, BetFred is one of the largest companies in the UK that offers
a range of bookie services. The company is at the top of its game, has a wide
range of products and services, boasts a great reputation, and has recently
taken the necessary steps to list itself on the London Stock Exchange.
The company was one of the firsts in the market, rather than some of the upstart
companies that have only joined the betting and booking industry as a part of
the online casino industry. Founded in 1967 as a land-based operation, the
company has grown and expanded its services as technology has increased from a
family owned operation to a billion dollar company with more that 5,000
employees. Ranked among Ladbrokes, William Hill, and Coral, the burgeoning
online casinos betting industry seems the perfect time to list on the London
AIM.
Recent changes in the UK gambling regulations, specifically the Gambling Act
that goes into effect next months may spur BetFred to license itself in
Gibraltar rather than maintain the current license in the Dutch Antilles. This
move would protect the company from some of the upcoming regulations placed on
UK based online casino and betting companies regarding advertising restrictions.
Speculations right now within the online casinos industry allege that the
listing on the London Stock Exchange is imminent, and some are even attaching NM
Rothschild to the company in an advisory role.
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