Owners of Betfred and Bet365 Rank Among the Top Three Highest UK Taxpayers In the latest tax list released by The Times for 2025, the owners of Betfred and Bet365 have secured their places in the top three highest taxpayers in the UK, reflecting the significant impact the gambling industry continues to have. Chris Hohn, Founder of Children’s Investment Fund Management, topped the list with a tax payment of £339.5 million ($423.15 million), but Fred and Peter Done, owners of Betfred, alongside Denise, John, and Peter Coates, the owners of bet365, followed closely in second and third place. Fred and Peter Done’s family saw their tax contributions grow to £273.4 million, securing them the second spot, while the Coates family paid £265 million, maintaining their third position. This news highlights the importance of the gambling industry in the UK’s tax contributions, with Betfred and bet365 consistently ranking among the top taxpayers. The tax payments of these prominent gambling figures demonstrate the substantial revenue generated by the industry, which is also supported by online casino studios, including live studio and live dealer offerings. Evolution games, a leading developer in the live dealer casino sector, has become increasingly influential in these financial gains, as casino studio online services and live roulette tables continue to draw attention from players around the world. Despite the high-profile nature of the owners, the latest UK Budget shows no rise in gambling duties within betting and gaming, which could provide a boost to casino studios and game developers focusing on expansion. As the online gambling market grows, especially with the rise of low-cost live studio experiences, companies like Betfred and bet365 remain at the forefront of the gambling sector, contributing significantly to both the economy and the entertainment market. Bet365 also recently released its FY2024 financial report, which highlighted a notable improvement in profit. The report also pointed to a decrease in pay for Denise Coates, despite the company’s success. Meanwhile, Betfred’s annual report for 2023 reflected a 25.6% increase in turnover, though its operating profit saw a drastic 98.7% decrease. As the demand for online gambling continues to rise, companies like Betfred and Bet365 are not only contributing to the economy through taxes but also pushing the boundaries of the gaming experience with the integration of live dealer and roulette low-cost live studio options. Additionally, with more casinos for sale and new partnerships forming, these companies continue to shape the future of both land-based and online casino experiences.