{"id":6194,"date":"2025-09-22T12:44:28","date_gmt":"2025-09-22T12:44:28","guid":{"rendered":"https:\/\/caneparealty.com\/index.php\/agent\/candraguess53\/"},"modified":"2025-09-22T12:44:49","modified_gmt":"2025-09-22T12:44:49","slug":"candraguess53","status":"publish","type":"agent","link":"https:\/\/caneparealty.com\/index.php\/agent\/candraguess53\/","title":{"rendered":"candraguess53"},"content":{"rendered":"

Betfred is the Winning Bidder for the Tote<\/strong><\/p>\n

Betfred is the winning bidder for the Tote<\/p>\n

3 June 2011<\/p>\n

UK-based bookie Betfred<\/a> has been chosen to buy the Tote after an auction procedure that began in November.<\/p>\n

BBC organization<\/a> editor Robert Peston stated Culture Secretary Jeremy Hunt had actually chosen Betfred although the bet9ja’s welcome offer<\/a> had actually not been finished, with some technicalities<\/a> still being arranged<\/a> out.<\/p>\n

\"Register<\/a><\/p>\n

The price is not yet known however Betfred<\/a> is thought to have actually bid about \u20a4 200m.<\/p>\n

Half of the charge will go to the racing industry and racing charities, and the majority of the yohaig code<\/a> rest will go to the federal government.<\/p>\n

\"Register<\/a><\/p>\n

the yohaig code<\/a> racing market might be dissatisfied, due to the fact that it was understood to have chosen the rival quote from SIP, a consortium led by British Airways chairman Martin Broughton.<\/p>\n

Successive federal governments have been trying to privatise<\/a> the Tote for about 14 years, however have actually never come this promotion code<\/a> near to doing so.<\/p>\n

\"Register<\/a><\/p>\n

The government<\/a> is hoping that the bet9ja’s welcome offer<\/a> will not fall foul of EU state help guidelines or be reversed by a judicial evaluation.<\/p>\n

\"Register<\/a><\/p>\n

Jockey opposition<\/p>\n

\"Register<\/a><\/p>\n

The Tote was set up 83 years ago to provide a safe sanctuary for punters, managed<\/a> by the state, and beyond the reach of unlawful bookmakers.<\/p>\n

It delights in a monopoly of horse race pool-betting in exchange for a guarantee<\/a> that cash was pumped back into the sport.<\/p>\n

\"Register<\/a><\/p>\n

The Tote is based in Wigan, with more than 4,000 staff, and currently injects half its profits into racing.<\/p>\n

In 2015, Chancellor George Osborne promised to secure value for taxpayers while identifying the the Tote offered<\/a> to the industry<\/a>.<\/p>\n

the yohaig code<\/a> Tote provided nearly \u20a4 19m to horse racing in 2010.<\/p>\n

\"Play<\/a><\/p>\n

Efforts over the previous three years to offer off the Tote struck problems, and the government faces getting a lower cost<\/a> than the \u20a4 400m mooted in 2007.<\/p>\n

\"Register<\/a><\/p>\n

The Jockey Club opposes the sale and desires the Tote to remain independent.<\/p>\n

The Tote has 517 High Street wagering stores and the yohaig code<\/a> monopoly<\/a> to run swimming pool wagering online and at 60 racecourses in the UK.<\/p>\n","protected":false},"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","agent_location":[46],"agent_category":[],"cmb2":{"_agent_contact_details":{"_agent_attached_user":"","_agent_featured":"","_agent_job":"","_agent_email":"candra-guess@emailchief.website","_agent_website":"","_agent_phone":"691916139","_agent_fax":""},"_agent_socials":{"_agent_socials":[{"network":"fab fa-pinterest"}]},"_agent_location":{"_agent_address":"Sleedoorn 179","_agent_map_location":{"address":"","latitude":"","longitude":""}}},"_links":{"self":[{"href":"https:\/\/caneparealty.com\/index.php\/wp-json\/wp\/v2\/agent\/6194"}],"collection":[{"href":"https:\/\/caneparealty.com\/index.php\/wp-json\/wp\/v2\/agent"}],"about":[{"href":"https:\/\/caneparealty.com\/index.php\/wp-json\/wp\/v2\/types\/agent"}],"replies":[{"embeddable":true,"href":"https:\/\/caneparealty.com\/index.php\/wp-json\/wp\/v2\/comments?post=6194"}],"wp:attachment":[{"href":"https:\/\/caneparealty.com\/index.php\/wp-json\/wp\/v2\/media?parent=6194"}],"wp:term":[{"taxonomy":"agent_location","embeddable":true,"href":"https:\/\/caneparealty.com\/index.php\/wp-json\/wp\/v2\/agent_location?post=6194"},{"taxonomy":"agent_category","embeddable":true,"href":"https:\/\/caneparealty.com\/index.php\/wp-json\/wp\/v2\/agent_category?post=6194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}