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Betfred: 600 jobs cut

July 31, 2026UKGamblingBetfred

Betfred has announced the closure of 132 betting shops, resulting in the loss of 600 jobs, which represents a 10% reduction of its UK retail workforce. The decision is attributed to increased gambling taxes and other economic factors. The company employs around 7,500 people in total.

Conservative

0

Core Estimate

90

Upper Bound

210

Sources

Primarynext.ioJuly 31, 2026

Hundreds of jobs to go as Betfred confirms betting shop closures

Hundreds of jobs to go as Betfred confirms betting shop closures Hundreds of jobs to go as Betfred confirms betting shop closures Become a partner Subscribe # Hundreds of jobs set to go as Betfred confirms 132 betting shop closures By Rob Fletcher- 31 Jul, 2026 More about the author Betfred has become the latest major bookmaker to scale back its UK retail footprint following last year’s gambling tax increase, with a reported 600 jobs set to be lost in the process. In a statement issued to

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