Denise Coates, founder of the UK bookmaker Bet365, has set up a £100m charitable foundation. This follows the recent success of the Stoke based operator which saw profits more than double last year. The firm announced pre-tax profits of £319m compared to the previous year’s total of £148m. This figure also takes account for £5m in losses in relation to …
Read More »Tag Archives: bet365
bet365 reports company profits of £213 million
Growth in in-play and mobile betting saw bet365 operating profits increase by 81% during the latest financial year (12 months ending March 2014). Bet365 posted gaming turnover of £1.30 billion on all product verticals, reporting an increase of 38% on 2013 figures. The Stoke based operator saw growth on all its gaming verticals. Pre-tax profits rose by more than 44 …
Read More »bet365 named in Sunday Times Fast Track 100
Midlands based igaming operator bet365, has been listed as one of the top private British companies, by the Sunday Times Newspaper. In its annual business and enterprise feature, the igaming and sports betting operator owned by the Coates family came in at 54 on the 13th annual Sunday Times Top Track 100 league table. bet365 reported increase revenues of 35% …
Read More »Players responding to Realistic’s 6 Appeal
Realistic Games’ recently released five reel slot 6 Appeal is attracting nearly twice as many players as their next most popular game, the supplier has revealed. Mobile and desktop versions of the game made their debut on Bet365 at the end of April before going live on BetVictor and Ladbrokes in May. The game has already established itself as a …
Read More »Feel positive about Google+: Part 3 – The Future
In the third and final article about how businesses are using Google+, SBC’s Sam Cooke compares the network against Facebook and asks why bookmakers are not making more headway. Read part 1 here and part 2 here. Google+ vs Facebook Were we speaking in terms of purely which is the more ‘social’ network; that is keeping in touch with friends …
Read More »Gold Dice launched on Odobo marketplace
iGaming supplier Yoyougaming has announced the release of its inaugural game, Gold Dice, exclusively via the Odobo Marketplace, an integrated App Store. The business said that the oriental themed game will soon be live with both bet365 and Betfair. Managing Director Kevin Li said: “We created gold dice to appeal to the Asian and European markets. What we ended up …
Read More »bet365 criticised over inadequate money laundering controls
bet365 has been pulled up on its anti-money laundering and social responsibility measures by the UK Gambling Commission. Following an investigation by West Yorkshire Police leading to the conviction of an individual for serious theft and money laundering offences, the Commission conducted its own investigation into potential weaknesses in anti-money laundering (AML) and social responsibility controls put in place by …
Read More »Bet365 named Best Football Bookmaker
Bet365 picked up the Best Football Bookmaker title at the inaugural Betting on Football Awards last week, outpacing the competition with 35% of the popular vote. Bet365 took the award, sponsored by BetConstruct, ahead of the four other finalists: BetVictor, Paddy Power, Pinnacle Sports and SkyBet. On behalf of Bet365, James Woods, Head of Performance Marketing, collected the award from …
Read More »Igaming searching for a contender
SBC’s Ted Menmuir looks at the state of the igaming supply chain and notices one name running through it like a stick of rock. In April Ladbrokes announced that it was on course to fulfil its migration to Playtech’s igaming services. The all-encompassing deal struck with the igaming software provider will see Ladbrokes drop its Microgaming inventory, as the sector …
Read More »Betting on Football feature: A history of shirt sponsorship in football
With the announcement of Manchester United’s record breaking initial £44.75m per year shirt deal with Chevrolet, a time when teams played without commercial association in just their club’s colours seems a world away from the modern game. You needn’t look back far however; it was not until 1977 that the FA lifted their official ban on kit sponsorship and today …
Read More »