Betfred News: Owners Rank High in Tax Contributions and Expand Property Portfolio

Betfred, a leading UK bookmaker, has seen its owners, the Done brothers, rank second in the Sunday Times Tax List with a £273.4 million contribution. Meanwhile, Betfred continues to expand its property portfolio, seeking new opportunities and reviewing existing premises. The company also hosts the 2025 Betfred Challenge Cup.

Betfred, a prominent UK bookmaker, has made significant headlines recently. The company’s owners, Fred and Peter Done, have ranked second in the Sunday Times Tax List, contributing £273.4 million to the exchequer. This impressive figure marks a substantial increase from their £204.6 million contribution in 2024, showcasing the company’s growing financial prowess.
Despite the financial success, Betfred’s operating profit suffered a significant drop of 98.7% in 2023, according to their annual report. This mixed financial performance highlights the challenges faced by the betting sector. Meanwhile, Betfred continues to expand its property portfolio, actively seeking new opportunities and reviewing existing premises to ensure they align with the company’s profile.
The company’s commitment to property development is evident in its extensive network of 1,350 properties across the UK. Betfred is open to acquiring new properties, particularly those with high street locations, and is willing to pay generous introductory fees to agents who can facilitate these acquisitions.
Additionally, Betfred is hosting the 2025 Betfred Challenge Cup, with the draw for the men’s third round and women’s group stage scheduled for January 14 at the company’s headquarters. This event promises to bring excitement to the rugby league community, providing community-based clubs with greater financial opportunities by hosting Super League clubs.

1. What is the ranking of Betfred’s owners in the Sunday Times Tax List?
   The Done brothers, owners of Betfred, rank second, while the Coates family, owners of Bet365, rank third.
2. How much did Betfred’s owners contribute to taxes in 2025?
   The Done brothers contributed £273.4 million.

3. What is the current status of Betfred’s property portfolio?
   Betfred is constantly seeking new property opportunities and reviewing the performance of its existing portfolio.

4. How many properties does Betfred currently operate from?
   Betfred operates from 1,350 properties across the UK.

5. When is the draw for the 2025 Betfred Challenge Cup scheduled?
   The draw for the men’s third round and women’s group stage is scheduled for January 14.

Betfred continues to make significant contributions to the UK economy, with its owners ranking high in the Sunday Times Tax List. Despite mixed financial results, the company remains committed to expanding its property portfolio and hosting major sporting events like the 2025 Betfred Challenge Cup.