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1 million).According to a Friday report from Sky News, the Wigan-headquartered firm is responsible for the Tote pool bet horseracing service and is hoping that the move will help it to more quickly recover from the financial impacts of the ongoing coronavirus pandemic.Enduring obligation:Susannah Gill serves as Communications and Corporate Affairs Director for UK Tote Group and she reportedly told Gambling Insider that her firm has ‘made a long-term commitment to rejuvenating the Tote and increasing pool betting on British racing....


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’ She purportedly moreover proclaimed that the operator intends to use the fresh capital ‘for investment into the core platform on which we offer our digital racing pools product’, which will give it the added ability ‘to expand into other sports.Divergent direction:Previously a state-owned enterprise, the UK Tote Group was purchased by British online and lplay blackjack perfect pairs gmoyand-based sportsbetting behemoth BetFred in July of 2011 as part of a deal that was said to be worth around £265 million (5. It was taken over by a consortium of racing owners and investors calling itself Alizeti Capital Limited in October of last year and is said to be eager to expand well beyond its traditional horseracing-focused market....


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