Betfred

OverviewSuggest Edit

Betfred (also known as Petfre (Gibraltar) is a bookmaker which provides a portfolio of online, mobile betting, and gaming. The company operates a number of betting shops. It also sponsors racing, snooker, and other sports competitions.

TypePrivate
Founded1967
HQBirchwood, GBMap
Websitebetfred.com
Employee Ratings2.3More
Overall CultureC+More
View Jobs (31)

Recent NewsAll News

Latest Updates

Employees (est.) (Apr 2022)2,162
Job Openings31
Revenue (FY, 2018)£727.6 M(+15%)
Cybersecurity ratingBMore
Discover new suppliers and conduct deeper comparison analysis with Craft for EnterpriseLearn more
Banner background

Key People/Management at Betfred

Fred Done

Fred Done

Founder and Chairman

Betfred Office Locations

Betfred has an office in Birchwood
Birchwood, GB (HQ)
56-58 Benson Road
Show all (1)

Betfred Financials and Metrics

Summary Metrics

Founding Date

1967
Show all financial metrics

Betfred Revenue

Embed Graph
View revenue for all periods
Betfred's revenue was reported to be £727.63 m in FY, 2018
GBP

Revenue (FY, 2018)

727.6m

Gross profit (FY, 2018)

573.0m

Gross profit margin (FY, 2018), %

78.8%

Net income (FY, 2018)

(40.7m)

EBITDA (FY, 2018)

(249.0k)

EBIT (FY, 2018)

(41.4m)

Cash (30-Sept-2018)

58.6m
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Revenue

331.5m414.4m729.2m525.9m578.7m634.5m727.6m

Revenue growth, %

10%

Cost of goods sold

35.8m52.0m136.1m105.6m122.8m136.4m154.6m

Gross profit

295.8m362.4m593.1m420.2m455.9m498.1m573.0m
show all
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Cash

37.7m23.6m41.3m42.2m43.0m60.2m58.6m

Accounts Receivable

3.2m557.0k2.2m3.9m5.6m3.2m2.4m

Prepaid Expenses

12.4m20.6m

Inventories

15.0k15.0k18.0k435.0k
show all
GBPFY, 2012FY, 2013FY, 2014FY, 2015FY, 2016FY, 2017FY, 2018

Net Income

(6.4m)14.5m6.1m(91.1m)23.1m(28.7m)(40.7m)

Depreciation and Amortization

41.4m91.7m

Inventories

(3.0k)

Accounts Payable

191.0k22.1m
show all
GBPFY, 2012

Debt/Equity

0.5 x

Debt/Assets

0.1 x

Financial Leverage

6.5 x
Show all financial metrics

Betfred Operating Metrics

Betfred's Betting Shops was reported to be 1.7 k in FY, 2017.
FY, 2016FY, 2017

Betting Shops

1.36 k1.67 k

Amounts Wagered

£10.85 b£12.68 b
Show all operating metrics

Betfred Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

Learn more about our premium products
SecurityScorecard logo

Betfred Online and Social Media Presence

Betfred's Trends

Embed Graph

Betfred Company Culture

  • Overall Culture

    C+

    67/100

  • CEO Rating

    F

    10/100

  • Compensation

    D

    55/100

Learn more on Comparably

Betfred News and Updates

July 16, 2021

Billionaire Betfred Brothers Boost Gambling Empire’s U.S. Wager

Billionaire Betfred Brothers Boost Gambling Empire’s U.S. Wager
April 08, 2021

Online Casino Player Wins Case over Betfred Withholding £1.7 Million Prize

A British online casino player won a three-year court battle against gambling operator Betfred, which had refused to pay out a £1.7 million jackpot he won in 2018 due to a “defect” in the game played by the man. In January 2018, Andrew Green played Playtech’s Frankie Dettori’s Magic Seven Blackjack …
March 23, 2021

Pariplay Slots Go Live with Betfred

Pariplay has launched a selection of its proprietary online casino content with UK gambling operator Betfred under a recent deal between the two companies. The partnership enabled the content maker and aggregator to mark its debut on Betfred’s Games tab in a move that will help it cement its positio…
November 24, 2020

Iowa Regulator Fines PointsBet, Betfred over Self-Ban Violations

Two sports betting operators have been hit with fines by the Iowa Racing and Gaming Commission over similar violations of the state’s self-exclusion gambling rules, Radio Iowa reported Monday. Brian Ohorilko, administrator of the state racing and gambling regulator, said that PointsBet and Betfred w…
November 20, 2020

Betfred Enters Pennsylvania with Wind Creek Bethlehem Sportsbook

Wind Creek Hospitality this week launched its first-ever retail sportsbook through a partnership with Betfred USA Sports, the US division of British bookmaker Betfred, that the casino operator signed early this year. The Betfred Sports betting facility had a soft opening this past Wednesday at Wind …
October 19, 2020

Man Sues Betfred for £2 Million after Bookmaker Denies Hefty Payout

A British man who won £1.7 million from major bookmaker Betfred in 2018 only to be denied his winnings is seeking a summary judgment in the High Court, saying the two and a half years after his big win have felt like “hell on earth.” Andy Green from Lincolnshire said he hit a jackpot playing […] The…
Show more

 Betfred Frequently Asked Questions

  • When was Betfred founded?

    Betfred was founded in 1967.

  • Who are Betfred key executives?

    Betfred's key executives are Fred Done.

  • How many employees does Betfred have?

    Betfred has 2,162 employees.

  • What is Betfred revenue?

    Latest Betfred annual revenue is £727.6 m.

  • What is Betfred revenue per employee?

    Latest Betfred revenue per employee is £336.6 k.

  • Who are Betfred competitors?

    Competitors of Betfred include Sportradar, William Hill and bet365.

  • Where is Betfred headquarters?

    Betfred headquarters is located at 56-58 Benson Road, Birchwood.

  • Where are Betfred offices?

    Betfred has an office in Birchwood.

  • How many offices does Betfred have?

    Betfred has 1 office.