Founded in the north of England in 1967 by Fred Done and his brother Peter, Betfred owns and operates over 1600 betting shops in the UK and a best in class online casino and betting product in the UK and Spain. The company has sponsored some of the greatest sporting franchises in Europe and US including Wilder vs Fury II, Betfred British Masters Golf, Manchester United, Super League Rugby Betfred owner Fred Done was stabbed five times and needed 32 stitches - but wouldn't change experience. The crook had lost a £50 bet on a horse ridden by Lester Piggot in the 70s and repeatedly Betfred’s billionaire owners have purchased a 3.03% stake in rival bookmaker William Hill, a move analysts believe signals Betfred’s intentions to takeover William Hill’s portfolio of betting shops.. Fred Done, one of two brothers who owns Betfred, said his purchase represented great value. “I’ve bought Hills shares because they are massively undervalued and in my opinion when it The Betfred founder believes William Hill is best-placed to take advantage of the liberalisation of sports wagering in America GVC, which also owns Sportingbet and Partypoker brands, signed a Betfred’s owners, the billionaire Tory party donors Fred and Peter Done, also own Health Assured, which holds dozens of government contracts to provide health and wellbeing programmes to staff. Who owns Betfred? Founded in 1967 by Fred and Peter Done, the first Done Bookmakers shop was financed after the brothers won a bet placed during the 1966 World Cup for England to take the win. Though they steadily increased in size, the acquisition of the Robert Walker bookmaker chain in 1997 started the growth of their company to what it is today. Petfre (Gibraltar) Limited trading as Betfred & Oddsking, registered in Gibraltar. Petfre (Gibraltar) Limited is licensed and regulated in Great Britain by the Gambling Commission under account number 39544 and licensed by the Gibraltar Government and regulated by the Gibraltar Gambling Commissioner (RGL no. 036 & 038) for all other customers. Betfred reached a milestone in 2005 when its 500th shop opened its doors in Cardiff. In the same year, the company opened its first racecourse shop at local track Haydock Park on Merseyside. The year 2006 turned out to be one of the biggest in the company’s history as Betfred became official betting partner of Manchester United and the Betfred USA Sports is the wholly owned US subsidiary of Betfred Group, a Warrington UK based bookmaker that owns and operates over 1600 betting shops in the UK as well as industry leading online Betfred has not been in the best of financial health of late, making losses in each of the past two years. The brothers are closing shops too, after government curbs on fixed-odds betting
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