In a world where headlines often trumpet the dark side of gambling and the perils of the high-rolling lifestyle, there’s a different narrative emerging from the UK. Two of the UK’s most prominent bookmakers, bet365 and Betfred, are making headlines for a very different reason: their generosity toward the national tax coffers. Given the recent tax filings, we’ve seen both of these gambling giants secure a place in the top five highest taxpayers in the UK list. Here’s a deep dive into how the owners of these betting behemoths are not just changing the game for punters but also for the economy.

To the casual observer, the names behind some of the world’s biggest gambling operations might not be familiar. However, in the world of high finance, family dynasties such as the Coates and the Dones are recognized for their contributions. When the British public learns that the very individuals who profit from the love of a flutter are also among the nation’s most substantial taxpayers, it’s a refreshing twist in public perception.

Denise, John, and Peter Coates, the driving force behind bet365, have long been in the spotlight for their staggering tax contributions. Outshining even corporate giants, the Coates’ annual tax bill soared to £375.9m, signaling a commitment to the betterment of the country that goes well beyond their sports betting empire.

Not to be outdone, the Dones—Fred and Peter—behind Betfred, paid out a not-insignificant £204.6m, affirming that the second-largest privately-owned bookmaker in the UK isn’t just about odds and wagers. Their investment in the country’s future is unmistakable.

Leave a Reply

Interested in our Domains?


    Interested in our Solutions?


      Contact