{"id":54506,"date":"2023-07-10T08:46:19","date_gmt":"2023-07-10T08:46:19","guid":{"rendered":"https:\/\/gaming-awards.com\/NEWS\/?p=54506"},"modified":"2023-07-10T08:46:19","modified_gmt":"2023-07-10T08:46:19","slug":"betfred-post-37-million-in-profits-in-latest-results","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/betfred-post-37-million-in-profits-in-latest-results\/","title":{"rendered":"Betfred Post \u00a337 Million in Profits in Latest Results"},"content":{"rendered":"<p style=\"text-align: left;\"><a href=\"https:\/\/gaming-awards.com\/NEWS\/betfred-agrees-new-deal-with-sis\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright size-full wp-image-27402\" src=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2015\/07\/betfred-shop.jpg\" alt=\"\" width=\"250\" height=\"176\" \/>Betfred<\/a> the online and retail business owned by brothers <a href=\"https:\/\/gaming-awards.com\/NEWS\/betfred-and-oddsking-fined-2-9m-by-ukgc-for-social-responsibility-failings\/\" target=\"_blank\" rel=\"noopener\">Peter and Fred Done<\/a> have announced revenues for the 2022 financial year rose by nearly \u00a3200 million at \u00a3723.2 million compared to \u00a0\u00a3525.9 million the previous year.<\/p>\n<p style=\"text-align: left;\">In the 12 months to September 25 the company reported profits of \u00a337.8 million up by \u00a36 million from the previous year.<\/p>\n<p style=\"text-align: left;\">Dividends paid out by the company show no payments to the brothers however the year before dividends handed out amounted to \u00a351 million.<\/p>\n<p style=\"text-align: left;\">Total amount of bets wagered for the year hit \u00a38.8 billion up from the \u00a37 billion in 2022 however it is lower than pre Covid numbers in 2019 where the company hit \u00a310.1 billion.<\/p>\n<p style=\"text-align: left;\">Betfred runs businesses in the UK, South Africa, Gibraltar and the US, over the last year the company has closed 51 of its UK retail outlets but still operates over 1,400 retail shops.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Betfred the online and retail business owned by brothers Peter and Fred Done have announced revenues for the 2022 financial year rose by nearly \u00a3200 million at \u00a3723.2 million compared to \u00a0\u00a3525.9 million the previous year. In the 12 months to September 25 the company reported profits of \u00a337.8 million up by \u00a36 million from [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":38488,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,2,11,8],"tags":[],"class_list":["post-54506","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-europe","category-gaming","category-headlines","category-latest"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Betfred Post \u00a337 Million in Profits in Latest Results - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/betfred-post-37-million-in-profits-in-latest-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Betfred Post \u00a337 Million in Profits in Latest Results - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"Betfred the online and retail business owned by brothers Peter and Fred Done have announced revenues for the 2022 financial year rose by nearly \u00a3200 million at \u00a3723.2 million compared to \u00a0\u00a3525.9 million the previous year. In the 12 months to September 25 the company reported profits of \u00a337.8 million up by \u00a36 million from [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/gaming-awards.com\/NEWS\/betfred-post-37-million-in-profits-in-latest-results\/\" \/>\n<meta property=\"og:site_name\" content=\"iGaming Post\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-10T08:46:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2019\/06\/Betfred-mobile.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"753\" \/>\n\t<meta property=\"og:image:height\" content=\"502\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@igamingpost\" \/>\n<meta name=\"twitter:site\" content=\"@igamingpost\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Staff\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/betfred-post-37-million-in-profits-in-latest-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/betfred-post-37-million-in-profits-in-latest-results\\\/\"},\"author\":{\"name\":\"Staff\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#\\\/schema\\\/person\\\/38b848f26341d94a3f6b1f5d9642234c\"},\"headline\":\"Betfred Post \u00a337 Million in Profits in Latest Results\",\"datePublished\":\"2023-07-10T08:46:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/betfred-post-37-million-in-profits-in-latest-results\\\/\"},\"wordCount\":140,\"publisher\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/betfred-post-37-million-in-profits-in-latest-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/wp-content\\\/uploads\\\/2019\\\/06\\\/Betfred-mobile.jpg\",\"articleSection\":[\"Europe\",\"Gaming\",\"Headlines\",\"Latest\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/betfred-post-37-million-in-profits-in-latest-results\\\/\",\"url\":\"https:\\\/\\\/gaming-awards.com\\\/NEWS\\\/betfred-post-37-million-in-profits-in-latest-results\\\/\",\"name\":\"Betfred Post \u00a337 Million in Profits in Latest Results - 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