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<br>Betfred is the winning bidder for the Tote<br>
<br>3 June 2011<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>UK-based bookie Betfred has been chosen to purchase [the yohaig code](https://git.student.rea.ru/eusebiamack060) Tote after an [auction procedure](http://knowledge.thinkingstorm.com/UserProfile/tabid/57/userId/2206627/Default.aspx) that started in November.<br>
<br>[BBC service](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) editor Robert Peston said [Culture Secretary](https://gitlab.ujaen.es/fayemessner339) Jeremy Hunt had actually selected Betfred although the [bet9ja's welcome offer](https://gitlab.mi.uni-koeln.de/users/sign_in) had not been completed, with some technicalities still being [figured](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR) out.<br>
<br>The rate is not yet known but Betfred is believed to have bid about ₤ 200m.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
<br>Half of the cost will go to the [racing industry](https://gitlab.ujaen.es/fayemessner339) and racing charities, and many of the rest will go to the [federal government](http://baylan.la.asu.edu3000/zenaidawillshi).<br>
<br>The racing [industry](https://bk-house.synology.me3081/dianahaly8341) might be disappointed, because it was [understood](https://gogs.spbda.ru/wildarafferty) to have actually chosen [the yohaig code](http://git.fofpower.cn/brandonmcmurra) competing bid from SIP, a consortium led by British Airways chairman Martin Broughton.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>Successive [federal governments](https://socialeconomy4ces-wiki.auth.gr/index.php?title=User:WendellKleiman0) have been attempting to privatise the Tote for about 14 years, but have never ever come this near to doing so.<br>
<br>The federal government is hoping that the deal will not fall nasty of EU state help rules or be reversed by a judicial evaluation.<br>
<br>Jockey opposition<br>
<br>The Tote was set up 83 years ago to provide a safe haven for punters, [controlled](https://viewcast.altervista.org/@muoishade82761?page=about) by the state, and beyond the reach of unlawful bookmakers.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>It delights in a monopoly of horse race pool-betting in exchange for a guarantee that cash was pumped back into the sport.<br>
<br>The Tote is based in Wigan, with more than 4,000 staff, and presently injects half its profits into racing.<br>
<br>Last year, Chancellor George Osborne assured to secure worth for taxpayers while recognising the assistance the Tote provided to the market.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>The Tote gave nearly ₤ 19m to [horse racing](https://gitea.gm56.ru/bertbgq6257302) in 2010.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>Efforts over the previous three years to [bet9ja's welcome offer](https://wiki.tgt.eu.com/index.php?title=YOHAIG:_Your_Gateway_To_Bet9ja_League_Free_Bets_-_Complete_Walkthrough) off the Tote hit problems, and the federal government deals with getting a lower price than the ₤ 400m mooted in 2007.<br>[bit.ly](https://bit.ly/AviatorGameOnlineBET9JA)
<br>The Jockey the sale and wants the Tote to remain [independent](https://wiki.tgt.eu.com/index.php?title=User:TorriBagley).<br>
<br>The Tote has 517 High Street wagering shops and the [monopoly](https://worldaid.eu.org/discussion/profile.php?id=1117945) to run [pool wagering](https://plamosoku.com/enjyo/index.php?title=%E5%88%A9%E7%94%A8%E8%80%85:KristoferDodery) online and at 60 racecourses in the UK.<br>