Betfred to increase number of UK betting shops
January 21, 2009 by mbates
The UK based sports bookmaker Betfred owned by the Done brothers has published its plans for the expansion for their chain of betting shops that would result in the company opening its 800th store during the spring of 2009 creating 350 jobs in the process and this could grow to 1,000 stores in the following three years.
The company currently operates 775 betting shops from its headquarters in Warrington, it has currently been expanding at the rate of 80 shops per year, the Betfred currently employs 4000 staff with 350 based at the Warrington headquarters.
Finance director of Betfred; Barry Nightingale expected turnover to increase by 5% over the next 12 months taking operating turnover to £1.6 billion.
