Another bookmaker is on the lookout for soon to-be offloaded betting shops from Ladbrokes-Coral merger.

Fred Done, co-owner of UK-based bookmaker Betfred, plans to buy as many as 500 betting shops, which he believes will be sold to satisfy the £2.3b Ladbrokes-Gala Coral merger.

“If somebody knocks at my door and says: ‘Fred, do you want to buy some of these shops?’ I’d like to sit down with Coral and Ladbrokes and have a discussion with them,” Done told The Telegraph.

The merger of the two gambling companies, which according to reports could be confirmed this week, would create Britains biggest bookie in terms of betting shops with 4000 shops combined.