Betfred is privately owned by its founder, British billionaire Fred Done, and his brother Peter Done, through their family-controlled Betfred Group Holdings Limited and related companies.

Quick Scoop: Who Owns Betfred?

  • Betfred is not listed on the stock market; it is a privately held company.
  • The core owner and driving force behind Betfred is founder Fred Done, widely described as the owner of Betfred, alongside his brother and co‑founder Peter Done.
  • The business sits within the Betfred Group structure (often referenced as Betfred Group Holdings Limited), which is controlled by the Done family.

A Bit of Background

  • Betfred began as a single betting shop in Ordsall, Salford, in 1967, started by brothers Fred and Peter Done.
  • Over decades, it expanded into a major UK bookmaker with more than 1,500–1,600 betting shops, plus online operations in the UK, Spain and the US.
  • In the US, “Betfred Sports” is described as the wholly owned US subsidiary of the Betfred Group, reinforcing that the brand sits under the same family-owned umbrella.

Who Runs It Day to Day?

  • Fred Done, while remaining the key owner and chairman figure, stepped down as CEO and moved into the chairman role in 2021.
  • He appointed Joanne Whittaker as CEO to run the company’s operations, while ownership stays with the Done family structure.

Latest News & Forum‑Style Talking Points

While there isn’t a major recent change in who owns Betfred, recent discussions and articles tend to focus on:

  • Growth: Betfred continuing to serve over 1.5 million users globally as of 2025, especially in the UK and US markets.
  • Structure: Curiosity over whether Betfred will ever go public; for now, it remains a family-owned private group.
  • Legacy: Ongoing interest in the “rags to riches” story of Fred and Peter Done turning a single shop into a multibillion‑pound betting empire.

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TL;DR: Betfred is a privately held bookmaker owned and controlled by founder Fred Done and his brother Peter Done via the Betfred Group family business, not by public shareholders.

Information gathered from public forums or data available on the internet and portrayed here.