Betfred rakes in £1.5bn as founders enjoy jackpot payday betting The billionaire brothers who founded Betfred have shared a bumper payday after the betting giant raked in almost £1.5bn. The Warrington-headquartered business has posted a turnover of £1.45bn for the 78 weeks to 30 March, 2025. New accounts filed with Companies House also show Betfred made a pre-tax profit of £188.6m over the same period. [...]
Betfred billionaire brothers share huge Peninsula pay day Business The billionaire founders of betting giant Betfred have shared another bumper payday after the continued success of HR giant Peninsula. Founded by Peter Done in 1983, the Manchester-headquartered group provides services for the likes of the Co-op, Fred Perry, David Lloyd, Dreams and PayPal. The group is run by Peter Done and is a separate [...]
Paddy Power founder: Bookies ‘scaremongering’ over tax hike damage October 28, 2025 The betting sector is “scaremongering” over the potential damage of a tax raid on gambling, according to the retired co-founder of Paddy Power, who said he had led similar industry warnings of job losses and store closures before other mooted tax changes. Stewart Kenny, who served as chairman and chief executive at the Irish gambling [...]
Betfred founder: Tax rises are “biggest threat” to the industry October 19, 2025 Betfred shops could vanish from UK high streets if Chancellor Rachel Reeves carries out a potential tax raid in the November budget, the company’s co-founder and chairman has warned. Fred Done, who founded the business in 1967 with his brother, hailed tax rises as the “biggest threat” to the industry he has seen in his [...]
World Matchplay: Darts event extends deal with sponsor Betfred July 18, 2025 Betting giant Betfred and darts’s World Matchplay have extended their title partnership though until the decade. The deal covers the Professional Darts Corporation competition until 2030 with the partnership between the two organisations reaching a decade by the agreement’s conclusion date. The World Matchplay gets underway at Winter Gardens on Saturday with the winner taking [...]
Betfred enters the red despite online gambling surge July 9, 2024 A surge in online gambling helped Betfred's turnover pass £900m during its latest financial year but was not enough to stop the company entering the red.
