British bookmaker Betfred Group has recorded a 26 per cent increase in turnover to £908.0 million for the financial year ended 1 October 2023, driven by growth from its online operations.
Retail gambling turnover increased by 3 per cent to £577.0 million during the year, while online gambling turnover nearly doubled to £331.0 million.
This included turnover of £133.9 million from the acquisition of a 51 per cent stake in South African online operator Lottostar in October [...]