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In October 2016, Betfred began a three-year period as the main sponsor of rugby league’s Super League, the northern hemisphere’s top-level professional rugby league with ten teams spread across England, and one in France. In November 2018, punter David Smith took Betfred to court after he claimed to have won a jackpot of £212,000, having mistakenly written “Bailarico”, a losing horse, on the betting slip, rather than “Bialco”, a winner. In August 2017, Betfred appointed former Nottingham Forest and England footballer Stuart Pearce as its brand ambassador. Betfred also operates shops on fifty one racecourses around the country, including Newmarket, Epsom and Cheltenham.
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As of July 2017, Betfred operated over 1,650 shops throughout the United Kingdom, after the purchase of 322 shops due to the merger between fellow bookmakers Ladbrokes and Coral in October 2016. In 2013, the company established Betfred batery bet TV, an in-house channel that is available in all shops both on the high street and on the racecourse. Betfred’s retail expansion continued with shops opening around the United Kingdom.
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Starting as a sport news website, the company stepped forward into live sport broadcasting when it signed a deal with the Rugby Football League to show a number of matches from the 2021 Challenge Cup. In September 2022, Betfred’s online division, Petfre (Gibraltar) Limited, was fined £2.87 million by the UK Gambling Commission for shortcomings in social responsibility and anti-money-laundering measures. The Commission said that one customer who was able to deposit and lose such significant amounts in such a short period of time clearly indicated failings in the effectiveness of Petfre’s anti money laundering policies and procedures. An investigation revealed the operator had failed to carry out adequate “source of funds” checks on a customer who deposited £210,000, and lost £140,000, of stolen money over one twelve-day period in November 2017. The Guardian accused the companies of trying to circumvent the government’s enforced FOBTs £2 reduction, with their new games.
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