Betfred has reported a significant financial milestone after submitting its latest set of accounts, revealing gross profit of £1bn over an extended reporting period. The figures highlight a period of operational consolidation for the UK based bookmaker, marked by a strategic withdrawal from certain overseas markets and a renewed focus on cost control. At the same time, the results underline the growing regulatory and fiscal pressures facing the British gambling industry, particularly as higher tax rates are set to take effect....

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