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North-east based independent bookmakers Vickers Racing is gearing up to unveil their online betting service during early August. Hailing from Darlington, this bookmaker with a 34-year history is poised to expand its reach into the digital world.
Johan Moncur, the owner, shared her excitement with WhichBookie, emphasizing the anticipation following three years of meticulous planning and collaboration with an ideal platform partner.
In the weeks following their initial launch, Vickers.bet plans to incorporate an online casino, aiming to capture a new audience throughout the UK.
Over recent years, traditional betting shops have faced adversity, especially since the UK Government imposed a maximum £2 stake limit on Fixed Odds Betting Terminals in April 2019. This challenge was compounded when betting shops were shuttered due to the pandemic, only reopening in July.
Numerous independent bookies ventured online over time, yet prospering proved difficult, often due to low-profit margins and the hefty costs of marketing and maintaining operations.
Even well-funded bookies struggled; Moplay, for instance, went online with a strong team and substantial marketing in 2018, even becoming Manchester United's sponsor. Yet, by August 2019, that sponsorship ended with Moplay owing the club £9M, leading to eventual insolvency not long after.
While Vickers Racing may not aim for a Manchester United sponsorship, they face formidable odds, as many independent bookies before them learned the hard way. Recent closures like Megabet's online business underscore the challenges.
Current operations by some bookies remain understated, often serving existing shop clientele via their online platforms within their broader service bouquet. Scotbet Vickers Racing's leap into the highly competitive online betting sector is audacious, and it's hopeful they succeed where others have stumbled. Chisholmbet WhichBookie is dedicated to providing top-notch content and offers regularly, and they do earn compensation from certain links on the page.
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