Betfred, Bet365 families among the UK’s top tax payers in 2025

Monday, February 2, 2026 7:54 PM
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  • Ted Orme-Claye, SBC News

Fred and Paul Done, founders of UK betting giant Betfred, have topped The Sunday Times tax list for 2025 for the first time, alongside another familiar name.

The brothers paid £400m [$547m] in tax last year, nearly £70m [$96m] more than the second highest taxpayer, Moscow-born trader and founder of XTX Markets, Alex Gerko.

As well as the Done brothers, the familiar name of Denise Coates alongside her brother John and father Peter, the family behind bet365, also appeared on the list with a tax contribution of £227.1m [$310.6m].

These figures mark a substantial change for both betting dynasties, however, when compared to 2024. The Coates paid much less in 2025 than in 2024, when the figure stood at £364m.