Bet365 Chief’s Pay Reached GBP 265 Million Last Year

Billionaire founder and CEO Denise Coates oversaw a strong group performance

Denise Coates, the billionaire founder and CEO of UK betting giant bet365, saw her pay climb by GBP 45 million last year following a strong business performance by the group.

The company’s financial reportage shows that Coates earned GBP 265 million, up from GBP 220 million in the preceding year, comprised of a base salary of GBP 220 million and a GBP 45 million dividend.

Coates owns more than half of the companys shares and in company with her father and brother the family controls 93 percent of the company, which is not listed on the stock market.

The big pay day comes after a strong year for the company with profits up 31 percent to GBP 660 million and revenues up 25 percent to GBP 2.9 billion (see previous InfoPowa reports).

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Brian Cullingworth

Brian Cullingworth

Infopowa news was a staple of Casinomeister’s news from 2000 until 2019. Brian Cullingworth was the main writer, contributor, and was one of the most knowledgeable persons I have ever known involved in the online casino industry.

We first met in January 2001 at the ICE in London where I observed him going booth to booth interviewing online casino, software, and licensing jurisdiction representatives. Brian was also heavily involved with our forum as “Jetset“, he was involved as an informal consultant to eCOGRA, the OPA, and was a player advocate who assisted countless aggrieved players with his connections to industry folks. He also published “Casino Cautions” via Infopowa news for quite a number of years. These can be found in our news archives.

His passing in February 2019 was a dark day for us. He will be forever missed.

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