Expansive Expectations For Betfred
21st January, 2009
The owner of the multinational company Betfred, Mr Fred Done has unveiled plans to expand his business, this comes after the recent sale of Betfred NV, his Netherlands Antilles- registered online casino. The sale earns him more than £27 million.
When talking to the Manchester Evening News Mr done told reporters, he intends to open 40 betting shops and create 350 jobs over the next 12 month. He also said that he expected to double his workforce in Gibraltar, where he has his egaming operation, on the next year.
His egaming operation has been extremely lucrative, starting 15months ago and now already experiencing revenue of almost £300 million.
To add to his already extensive planning portfolio Mr Done also made the point of reiterating his future plans of a stock market listing, however he stressed this was more likely to come to fruition in three to five years.
By Rommon
