Betfred to close 132 stores and cut 600 jobs over ‘economic uncertainty’

Betfred to close 132 stores and cut 600 jobs over ‘economic uncertainty’ Ryan Prosser | Freelance News Reporter Published August 3, 2026 9:04am Updated August 3, 2026 9:04am Betfred is closing over one in 10 of its high street stores (Picture: Getty Images) Betfred is set to close more than a tenth of its betting shops

Major betting company Betfred has is planning to close 132 shops across the UK with over 600 staff set to lose their job as the company has launched a consultation over the closures

The bookmaker has launched a consultation over the closures, which will affect more than a tenth of its UK betting shops

Betfred to close 132 betting shops in major business overhaul with 600 jobs at risk  GB News

Betfred plans to close 132 locations, impacting more than a tenth of its betting shops - leaving the firm with around 1,100 shops across the UK

The firm said it also plans to cut more than 600 jobs from September

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Betfred ahas announced significant job cuts following gambling tax hikes