Betfred boss Fred Done is considering expansion into eastern Europe, as well as wanting to grow his online business.
Done, who won the North West Ambassador Award at The Business Desk's North West Business Masters awards yesterday, would like to move his online business from Gibraltar to the north west if taxation is changed, it has been reported.
He confirmed that the company has been offered a business in eastern Europe, but that the big growth for story is going to be the online business. Over the last three years Betfred has grown 80 per cent, 85 per cent and 60 per cent, but Done said that the online business "should be in this country" rather than in Gibraltar and that taxation has to be changed to allow the company to bring jobs back to where it is based.
Betfred last year acquired The Tote for £265m, the integration for which was completed by January, two months before the initial target was set.
