Betfred loses out on Phumelela Gaming and Leisure Limited purchase

South African horseracing and tote betting operator Phumelela Gaming and Leisure Limited has reportedly turned down a rescue deal that was to have seen giant British bookmaker Betfred purchase its entire business for approximately $55.6 million. According to a short report from Gambling Insider, the Johannesburg-headquartered firm has instead opted to accept an earlier offer […]

source https://news.worldcasinodirectory.com/betfred-loses-out-on-phumelela-gaming-and-leisure-limited-purchase-83443