Bet365 boss banks £260m payout despite profit slide Business Billionaire founder and chief executive of Bet365, Denise Coates, saw her pay surge last year, despite the firm’s profit going south. Coates was paid a salary of £104m in the year to March, according to newly filed accounts, while cash dividends to family shareholders tripled to £313.6m. As the firm’s majority owner, Coates was entitled [...]
Bet365: Billionaire Coates family consider £9bn sale of betting giant Business The billionaire Coates family is exploring a potential sale of Bet365, the online gambling powerhouse they founded, in a deal that could value the business at up to £9bn. Stoke-on-Trent-headquartered Bet365, which is led by Denise Coates, has recently held talks with Wall Street banks and US advisers about strategic options including a full or [...]
Billionaire Bet365 boss Denise Coates slashes pay as betting giant makes huge profit betting The billionaire boss of Bet365, Denise Coates, has seen her salary slashed by almost £130m as the betting giant surged back into the black with a profit of almost £600m. Coates, whose father founded the Stoke-on-Trent company, was paid £94.6m in the year to 31 March 2024, according to newly-filed accounts with Companies House. The [...]