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Add Betfred is the Winning Bidder for the Tote

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[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)<br>Betfred is the winning bidder for the Tote<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>3 June 2011<br>
<br>UK-based bookmaker Betfred has actually been selected to purchase the Tote after an auction process that began in November.<br>
<br>BBC [company editor](https://fraudabc.com/community/profile/abdultibbs00547/) Robert Peston said Culture Secretary Jeremy Hunt had actually chosen although the [bet9ja's welcome offer](https://git.k8sutv.it.ntnu.no/brodielefanu91) had actually not been completed, with some technicalities still being figured out.<br>
<br>The rate is not yet known however [Betfred](https://gitlab.donnees.incubateur.anct.gouv.fr/charmaingoulet) is believed to have bid about ₤ 200m.<br>
<br>Half of the charge will go to the [racing market](https://harry.main.jp/mediawiki/index.php/%E5%88%A9%E7%94%A8%E8%80%85:MargaretSwan611) and racing charities, and most of the rest will go to the federal government.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>The racing market may be disappointed, because it was understood to have preferred the [competing bid](https://gogs.spbda.ru/wildarafferty) from SIP, a consortium led by British Airways chairman Martin Broughton.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
<br>Successive federal governments have been trying to privatise the Tote for about 14 years, but have never come [this promotion code](http://dating.instaawork.com/@marlysbleau876) near to doing so.<br>
<br>The government is hoping that the deal will not fall nasty of EU state help guidelines or be overturned by a judicial evaluation.<br>
<br>Jockey opposition<br>[bit.ly](https://bit.ly/AviatorGameOnlineBET9JA)
<br>The Tote was established 83 years ago to supply a safe sanctuary for punters, controlled by the state, and beyond the reach of [unlawful bookies](https://systemcheck-wiki.de/index.php?title=Benutzer:CharlinePratt).<br>
<br>It enjoys a [monopoly](https://gitlab.profi.travel/users/sign_in) of horse race pool-betting in [exchange](https://wikisofia.cz/wiki/U%C5%BEivatel:LuciePelsaert5) for a [guarantee](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) that money was pumped back into the sport.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>The Tote is based in Wigan, with more than 4,000 staff, and [presently injects](https://theindievibes.com/hildredswartwo) half its profits into racing.<br>
<br>In 2015, Chancellor George [Osborne promised](https://classifieds.ocala-news.com/author/roxie233473) to secure value for taxpayers while [identifying](https://vmi456467.contaboserver.net/geniacisco829) [the yohaig code](http://onestopclean.kr/bbs/board.php?bo_table=free&wr_id=889239) [assistance](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) the Tote provided to the market.<br>
<br>The Tote provided practically ₤ 19m to horse racing in 2010.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>Efforts over the previous 3 years to sell the Tote struck issues, and the government deals with getting a lower price than the ₤ 400m mooted in 2007.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
<br>The [Jockey Club](https://calm-shadow-f1b9.626266613.workers.dev/cfdownload/https://www.kenpoguy.com/phasickombatives/profile.php?id=2985348) [opposes](https://gitlab.profi.travel/users/sign_in) [the yohaig code](https://wikisofia.cz/wiki/U%C5%BEivatel:LuciePelsaert5) sale and wants the Tote to remain [independent](http://knowledge.thinkingstorm.com/UserProfile/tabid/57/userId/2206627/Default.aspx).<br>
<br>The Tote has 517 High Street wagering shops and the [monopoly](https://plamosoku.com/enjyo/index.php?title=%E5%88%A9%E7%94%A8%E8%80%85:KristoferDodery) to run swimming pool betting online and at 60 racecourses in the UK.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)