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Done family took £30m dividend from Betfred before warning of job cuts

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This story was selected and curated by our editorial team in the Business category. Published on October 14, 2026 • Originally reported by Rob Davies. OMEGAZEPRIME provides independent news coverage and analysis for our readers. Stay informed with the latest developments.

Money was withdrawn from gambling firm before founder warned chancellor against doubling machine games duty

The billionaire Done family took a £30m dividend from their Betfred gambling empire, before warning that they would close hundreds of bookies and cut jobs if the government increases tax on high-street slot machines.

The chancellor, John Healey, is understood to be considering proposals to double machine games duty in the upcoming budget, a move that the Social Market Foundation thinktank has said could boost state coffers by up to £460m.

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