The truth is, however, that only a handful of these attract the majority of punters, and generate the vast majority of the revenues. Technically, there are dozens of major betting brands operating in the UK. As of 2019 for example, Bet365 was the second-biggest taxpayer in the entire UK, handing over approximately £156m. That’s true not only for the betting companies themselves, but for the government too. Sports betting is an enormously profitable business in the UK. Why it pays to have multiple betting accounts?.