Tote race hots up

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THE race is hotting up to take over the Wigan-based Tote.

Betfred this week became the latest contender to announce it is officially interested in the state-owned bookmaker since the Government put it up for sale and it has put £200m on the table to prove it.

The Tote employs 3,500 people nationwide with 540 of them in Wigan and the outcome of the sale could have major implications for many of them.

Last week, racing’s chiefs threw their support behind an opposing bid for the Tote made by former BHB chairman Sir Martin Broughton and his son Michael through their Sports Investment Partners (SIP) vehicle.

Paul Roy, Ian Barlow and Paul Dixon, chairmen of the BHA, Racecourse Association and Horsemen’s Group, backed the SIP bid in a letter to MPs stating the bid “satisfies all the Government’s criteria and provides a more favourable solution to racing.”

FOR THE FULL STORY SEE THE WIGAN EVENING POST (WEDNESDAY) AND THIS WEEK’S WIGAN OBSERVER ...