Tag Archives: bet365 Group

The Times has published its list of the top UK taxpayers in 2023, revealing that bet365 Founder and Owner Denise Coates has lost her leadership position in the table. The Coates family – owners of the bet365 Group, its B2C betting brand, Hillside Technology holding and by extension Stoke City FC – paid £460.2m in UK taxes in 2022. This …

While retaining a dominant position in global online betting, bet365 Group has revealed a mixed performance for 2021/22 trading, citing modest gains in betting and gaming profit, but a decline in overall group profit year-on-year.  Submitting its filings to the UK Companies House, the private limited betting operator detailed total sports and gaming revenue of £2.851bn, an increase of 2% …

Bet365 Group, the owner of Championship side Stoke City FC, has announced that it is reducing the debts of the club’s holding company by £160million. In looking to underline the owner’s continuing long-term commitment to the club and its funding, the firm converted £40million of shareholder loans into equity in Stoke City Holdings Limited and have also waived £120million of …

Bet365 Group has experienced a bounceback from COVID-19, with the company reporting that profits remain high despite the amount wagered on sports across its platform falling last year. Issuing its financial statement covering the 12 month period ending on 28 March 2021, the Stock-on-Trent-based operator revealed that the amount wagered on sport on the bet365 website fell by 13%. Despite …

Gambless has recorded 3,500 self-assessment tests completed via its mobile app, revealing strong differences in problem gambling across international borders, with English speakers encountering issues much more than other linguistic groups. Publishing its first annual report, the Mindspa-funded and ORCHHA-certified international gambling harm prevention app found that English speakers, mainly from the US, UK, and Australia, recorded a 57% higher …