Billionaire Brothers Bet on William Hill Before Stock Surge

Billionaires behind Betfred hold 6% of U.K. gambling rival
Done brothers also invest in e-gaming, business services firms

A William Hill Plc betting shop in London, U.K.
Photographer: Jason Alden/Bloomberg

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By Benjamin Stupples

October 2, 2020 at 4:00 AM UTC

Updated on

October 2, 2020 at 8:34 AM UTC

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In 1966, a wager on England winning the soccer World Cup helped the Done family finance the first outlet of one of the world’s largest closely held betting firms. This week, a side bet got them a cool $220 million.