By The Weekly Edge desk ·
Betfred is considering entering adult gaming centres, NEXT.io reported. The potential move into slot arcades comes amid betting-shop closures.
Adult gaming centres would provide a potential new operating format for Betfred.
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The request concerns tax rates affecting betting shops and other businesses with category B machines.
Betfred’s £995.6m annual turnover gives investors financial context following its warning about retail betting’s future.
Retail supplied £544m of Betfred’s £995.6m turnover despite a declining shop estate, highlighting its contribution for investors.
The 4% reduction in betting shops reduces Betfred's retail footprint as it incorporates UK tax increases into forecasts.
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Done Brothers faces an independent compliance audit alongside its penalty and warning for safer gambling and anti-money laundering breaches.