Betfred says that closing its stores would lead to the loss of 6,800 jobs - Robert Evans/Alamy Stock Photo Betfred will close all of its 1,300 high street betting shops if Rachel Reeves imposes a £3bn raid on the gambling industry, the company’s boss has warned. Joanne Whittaker, chief executive, said the closure of Betfred’s retail business would lead to the loss of 6,800 jobs. “The most frightening element is we’re going to lose the whole retail business,” Ms Whittaker told the Sunday Times. “We’ve go ...

New York Stock Exchange owner Intercontinental Exchange Inc. plans to invest as much as $2 billion in cash in crypto-based betting platform Polymarket, valuing the company at roughly $8 billion. Sally Bakewell reports on Bloomberg Television. ...