A takeover of the UK Tote set to be completed this month will allow the pool betting operator to be reinvented and use new technology to re-establish itself as a betting force, investors believe.
Billionaire financial services entrepreneur Michael Spencer this week became the latest high-profile investor in parent company Alizeti Capital, which already owns 25 percent of the Tote and is expected to buy the rest of the racing gambling firm within weeks.
To continue reading please log in or request a demo to speak to a member of the team.
Request a Trial
Click here to request a trial