Victor Chandler scales down racecourse betting

Victor Chandler have this week scaled back there onsite racecourse betting as part of a major restructure of their racecourse betting. The money is according to Victor Chandler no longer there as punters are saving on travel costs and use the traditional companies’ online equivalent and betting exchanges such as Betfair instead.

On track bookies are now having to rely more on the high days such as the Grand National and other festivals as well as holidays to ensure their survival, one on track bookie commented “I’d like to think things have reached rock bottom, but I don’t think they have. With the economic situation, it’s going to be a rough 12 to 18 months. In another five years, I’d think there might be no more than 50% of the bookmakers who were here three years ago.“