Betfred

BETFRED LAUNCHES CUTTING-EDGE SPORTSBOOK IN THE CAPITAL REGION, FREDERICK, MD.

Retrieved on: 
Friday, October 13, 2023

Spanning an impressive 6,300 square feet, this latest addition is set to revolutionize the sports betting scene in Central Maryland.

Key Points: 
  • Spanning an impressive 6,300 square feet, this latest addition is set to revolutionize the sports betting scene in Central Maryland.
  • Featuring 157 seats, a massive 80-panel television wall, 12 self-service kiosks, and an extensive selection of beers on tap, the Betfred Sportsbook promises an unmatched atmosphere for sports enthusiasts.
  • One of the standout features of this modern sportsbook is its seamless integration of technology for added convenience.
  • Alyse Cohen, CEO of Long Shot's, expressed her enthusiasm for the partnership, stating, "We are thrilled to collaborate with Betfred and introduce this state-of-the-art sportsbook to the Capital Region.

Kresimir Spajic appointed CEO of Betfred USA

Retrieved on: 
Thursday, September 14, 2023

LAS VEGAS, Sept. 14, 2023 /PRNewswire/ -- Betfred, one of the world's most established and privately owned bookmakers, are proud to announce the appointment of Kresimir Spajic as the new CEO of Betfred USA.

Key Points: 
  • LAS VEGAS, Sept. 14, 2023 /PRNewswire/ -- Betfred, one of the world's most established and privately owned bookmakers, are proud to announce the appointment of Kresimir Spajic as the new CEO of Betfred USA.
  • Kresimir Spajic, a recognized online gaming industry leader, will spearhead the sportsbook's vision, strategy, and operational execution across ten US states, which include the likes of Colorado, Ohio, and Nevada.
  • With decades of experience in both the domestic and international online gaming industry, Kresimir Spajic brings a wealth of expertise to Betfred.
  • Kresimir Spajic expressed his enthusiasm for his new role:
    "I'm truly excited to embark on this journey as the CEO of Betfred USA.

Benzinga Announces Winners of the Inaugural Titans Sports Betting Awards

Retrieved on: 
Thursday, May 25, 2023

DETROIT, May 25, 2023 /PRNewswire/ -- Benzinga, the most widely read publication by next-generation investors, is excited to reveal the winners of the first Benzinga Titans Sports Betting Awards , featuring the hottest public companies, sports books, service providers and platforms to watch in 2023.

Key Points: 
  • DETROIT, May 25, 2023 /PRNewswire/ -- Benzinga, the most widely read publication by next-generation investors, is excited to reveal the winners of the first Benzinga Titans Sports Betting Awards , featuring the hottest public companies, sports books, service providers and platforms to watch in 2023.
  • The awards, determined by a jury of Benzinga's editorial leadership and analysts, were first streamed live on Wednesday, May 24 during the inaugural Benzinga Titans Sports Betting Summit.
  • The inaugural Titans Sports Betting Summit has paved the way for future industry events and established a platform to recognize and encourage the key players in the sports betting sector.
  • As Benzinga continues to shine a light on sports betting, the Titans award winners are the innovators to watch.

Rangers Comeback Scores Near Quarter-Million Payout for Betfred Sportsbook Bettor

Retrieved on: 
Monday, May 8, 2023

Betfred announces a huge win by a bettor who turned a $500 promotional bet into $233,618.77 on a 9-leg baseball parlay!

Key Points: 
  • Betfred announces a huge win by a bettor who turned a $500 promotional bet into $233,618.77 on a 9-leg baseball parlay!
  • Since launching in the U.S. market, Betfred Sportsbook has emerged as the go-to destination for sports enthusiasts looking to elevate their sports betting experience to new heights.
  • With its special promotional campaigns and exciting opportunities, Betfred Sportsbook offers players an unmatched level of excitement and anticipation in the industry.
  • This latest win is yet another testament to the thrill and excitement that awaits players at Betfred Sportsbook, where big wins happen all the time.

IGT Grows Sports Betting Footprint in Nevada via Retail and Mobile Sports Betting Agreement with Betfred

Retrieved on: 
Monday, February 13, 2023

LONDON, Feb. 13, 2023 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that the Company expanded its sports betting footprint in Nevada via a multi-year PlaySports technology agreement with long-time sports betting operator, Betfred. Under the terms of the agreement, Betfred is leveraging IGT PlaySports technology to power retail and mobile sports betting at the Mohegan Sun Sportsbook inside Virgin Hotels Las Vegas, part of Curio Collection by Hilton. This agreement underpins the first IGT-powered Betfred sportsbook in the U.S. and Betfred's entry into the Nevada betting market.

Key Points: 
  • LONDON, Feb. 13, 2023 /PRNewswire/ -- International Game Technology PLC ("IGT") (NYSE: IGT) announced today that the Company expanded its sports betting footprint in Nevada via a multi-year PlaySports technology agreement with long-time sports betting operator, Betfred.
  • Under the terms of the agreement, Betfred is leveraging IGT PlaySports technology to power retail and mobile sports betting at the Mohegan Sun Sportsbook inside Virgin Hotels Las Vegas, part of Curio Collection by Hilton.
  • This agreement underpins the first IGT-powered Betfred sportsbook in the U.S. and Betfred's entry into the Nevada betting market.
  • Betfred will first introduce retail betting, then look to follow-up with a mobile launch in the future.

BETFRED AT MOHEGAN SUN SPORTSBOOK NOW OPEN AT VIRGIN HOTELS LAS VEGAS

Retrieved on: 
Friday, February 10, 2023

The brand new, state-of-the-art sportsbook is located at Mohegan Casino inside Virgin Hotels Las Vegas, part of Curio Collection by Hilton.

Key Points: 
  • The brand new, state-of-the-art sportsbook is located at Mohegan Casino inside Virgin Hotels Las Vegas, part of Curio Collection by Hilton.
  • Betfred at Mohegan Sun Sportsbook boasts luxury seating, an expansive video wall with high-definition TVs and over-the-counter wagering.
  • Betfred at Mohegan Sun Sportsbook is operated by Mohegan Casino Las Vegas.
  • Betfred manages Betfred at Mohegan Sun Sportsbook and provides services pertaining to sports pool for the operator.

BETFRED SPORTSBOOK LAUNCHES IN VIRGINIA

Retrieved on: 
Wednesday, February 1, 2023

LAS VEGAS, Feb. 1, 2023 /PRNewswire/ -- Betfred has officially launched online operations in Virginia, its ninth state. The company was previously announced as the official sports betting partner of Loudoun United FC and will be the back-of-jersey sponsor for the home and away kits for the 2023 USL Championship Season.

Key Points: 
  • LAS VEGAS, Feb. 1, 2023 /PRNewswire/ -- Betfred has officially launched online operations in Virginia, its ninth state.
  • "We are excited to finally begin online operations in the Commonwealth of Virginia and look forward to activating our partnership with Loudoun United," said Bryan Bennett, COO of Betfred USA Sports.
  • Betfred is known in the UK and US as a sportsbook that strives to deliver the best overall betting experience by creating innovative promotions and putting customers first.
  • The Betfred Sportsbook mobile betting apps can be found on the Apple App Store and Google Play Store, or by visiting www.betfredsports.com .

BETFRED SPORTSBOOK AND LOUDOUN UNITED FC PARTNER FOR VIRGINIA SPORTS BETTING LAUNCH

Retrieved on: 
Tuesday, December 20, 2022

LEESBURG, Va., Dec. 20, 2022 /PRNewswire/ -- Betfred and Loudoun United FC announced today a multi-year partnership to make Betfred the team's official sports betting partner.

Key Points: 
  • LEESBURG, Va., Dec. 20, 2022 /PRNewswire/ -- Betfred and Loudoun United FC announced today a multi-year partnership to make Betfred the team's official sports betting partner.
  • Betfred to launch in Virginia and become the official sports betting partner of Loudoun United FC.
  • "The club has built a solid foundation over the last four years, and we look forward to a long partnership to build the Loudoun United fanbase and Betfred Sportsbook in Virginia over the coming years."
  • Loudoun United FC (LUFC) is the highest-level professional soccer franchise in Loudoun County, Virginia.

Manchester United PLC Reports First Quarter Fiscal 2023 Results

Retrieved on: 
Thursday, December 8, 2022

Total operating expenses for the quarter were 163.7 million, an increase of 9.6 million, or 6.2%, over the prior year quarter.

Key Points: 
  • Total operating expenses for the quarter were 163.7 million, an increase of 9.6 million, or 6.2%, over the prior year quarter.
  • Other operating expenses for the quarter were 37.8 million, an increase of 11.0 million, or 41.0%, over the prior year quarter.
  • Depreciation for the quarter was 3.5 million, a decrease of 0.2 million, or 5.4%, over the prior year quarter.
  • Overall, net finance costs for the quarter were 31.0 million, compared to 9.7 million in the prior year quarter.

BETFRED SPORTSBOOK AT LONG SHOT'S BECOMES MARYLAND'S LATEST SPORTSBOOK

Retrieved on: 
Friday, November 18, 2022

FREDERICK, Md., Nov. 18, 2022 /PRNewswire/ -- The Betfred Sportsbook at Long Shot's has successfully completed its controlled demonstration with the Maryland State Lottery & Gaming Control Agency and will officially open its doors for the betting public on Friday, November 18. All proceeds from the four-day demonstration procedure have been donated to The Community Foundation of Frederick County.

Key Points: 
  • Betfred Sportsbook at Long Shot's opens latest sportsbook in Maryland.
  • The initial sportsbook which is just across from Long Shot's, the area leader in off track betting, will be in a temporary location while the permanent sportsbook is under construction.
  • Bryan Bennett, Betfred Sportsbook Chief Operating Officer,stated "We're excited to open our seventh retail sportsbook in the United States and could not be happier to do so with the Long Shot's team.
  • In addition to the retail sportsbook, Betfred and Long Shot's also recently secured online betting licenses and will be launching an online betting product in early 2023 pending regulatory approval.