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Betfred

  • Mark Kleinman: English football’s New Deal heads into injury time

    Business

    Mark Kleinman is Sky News’ City editor and the man who gets the Square Mile talking in his Morning Wire column New season, new deal? As England football supporters dust themselves down from the disappointment of yet another latter stages defeat on the international stage, their attention switches back to the domestic game. The most important early season [...]

    Mark Kleinman is Sky News' City Editor and writes a column for Morning Wire
  • 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 storefront with prominent signage, displaying current promotions and customers entering and exiting the shop
  • Betfred billionaire brothers share huge Peninsula pay day

    December 15, 2025

    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.

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