Betfred’s corporate accounts with Companies House show a bookmaker in an improved financial position after the shutting down of its Spanish and American businesses, as management contends to new upcoming challenges.
The holding company behind the retail and online bookmaker, Betfred Group Holdings, filed its accounts for the 78 weeks ending 30 March 2025, citing comparatives against the 53 week period ending 1 October 2023, on 4 January.
According to the report, group turnover (revenue) for the 78 week period came in at £1.45bn [$1.96bn], up from £908m during the previous 53 week period – changes reflect an extra 15 weeks incorporated in 2024/2025 accounts.
Gross profit as of 30 March 2025 stood at £1bn, up from £673m during the 53 week reporting period.
