BetBright records major loss in profit

THE company behind Irish online gambling business, whose chairman is leading National Hunt owner Rich Ricci, reportedly lost €3.9 million in 2015. Dedsert, the company controlled by Richard and Marcus Brennan, launched BetBright in 2013 and the losses have left them nursing an excess of liabilities over assets of just over €6m at the end of last year. However, Dedsert have anticipated that the company’s performance will improve once it establishes market position. BetBright is involved in racing sponsorship and has spent heavily in the sport, including the sponsorship of races at Chetenham.