The renowned bookmaker, Betfred, has announced a substantial increase in profits as losses from gamblers in the UK continue to mount following the lifting of COVID-19 restrictions. According to recently disclosed accounts at Companies House, the company reported after-tax profits of nearly £20 million ($25.6 million) for the fiscal year ending on September 25, 2022, marking a significant jump from just over £5 million ($6.4 million) the previous year
The renowned bookmaker, Betfred, has announced a substantial increase in profits as losses from gamblers in the UK continue to mount following the lifting of COVID-19 restrictions. According to recently disclosed accounts at Companies House, the company reported after-tax profits of nearly £20 million ($25.6 million) for the fiscal year ending on September 25, 2022, marking a significant jump from just over £5 million ($6.4 million) the previous year
