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BetFred is looking to reopen Great Leighs racecourse in Essex with a new grandstand and the new name of Chelmsford City Racecourse in 2015.
BetFred is planning to expand its Warrington-based chain of 1,375 betting shops with up to 30 new sites next year, with the creation of 150 jobs.
BetFred is to sell 25 betting shops to Stan James for £5m, in order to secure OFT approval for its acquisition of the Tote.
BetFred is to acquire the Tote, the Wigan-based chain of 517 betting outlets with more than 4,000 staff, from the government for £265m.
BetFred is planning to expand its chain of 775 betting shops to 1,000 over the next three years, and 350 jobs will be created at the 40 new outlets due to open this year.
BetFred is planning to expand its chain of 700 betting shops to 1,000 by 2012, and is also considering plans for a £600m flotation.