Betfred to Cut 600 Jobs as 132 Shops Close Amid Industry Tax Raid The UK's leading bookmaker, Betfred, is set to cut over 600 jobs and close 132 high street shops in a devastating blow to the industry.
The move comes on the back of significant tax changes imposed by the government, which have left many operators struggling to stay afloat. What's Behind Betfred's Job Cuts and Store Closure?
Betfred, owned by Fred Done, has been one of the largest bookmakers in the UK for decades, with thousands of employees working across its retail outlets.