Tag Archives: denise coates

bet365 growth momentum stalled by pandemic circumstances

bet365 Group has seen its year-on-year growth drive come to an end, as the betting group could not escape 2020 pandemic circumstances. Filing its 2019/2020 corporate accounts, the Coates family-owned business disclosed group revenues of £2.8 billion, down 8% on corresponding 2018/2019 results of £3 billion. The Stoke-based operator’s trading momentum was derailed by COVID-19’s suspension of the global sports …

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bet365 Coates family highest ranking digital owners in The Sunday Times Richlist

bet365 owners the Coates family have been ranked 24th in The Sunday Times Richlist for 2016, with an estimated wealth of £3.8 billion. The UK newspaper reports that Denise (CEO), brother John (Co – CEO) and father Peter (Chairman) combined wealth gained £1.4 billion in the past twelve months, moving the Coates into the top 25 richest people living in …

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bet365 wants more maths teachers in Stoke

The local council and bookmaker Bet365 have teamed up to launch a £1m scheme aimed at attracting more maths teachers to Stoke. The initiative will see the money go towards paying off the tuition fees of those graduates that opt in and become maths teachers in Stoke. They’ll also be given relocation payments. The details of this scheme, which is half funded …

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The Financial Times profiles Stoke business leader Denise Coates

UK business news source The Financial Times (FT) has profiled bet365’s founder and Co-CEO Denise Coates. The profile, written by Enterprise Editor Andrew Bounds, describes Coates as the ‘driving force’ behind the operator’s success and rapid growth. In a period of 15 years bet365 has become the world’s largest online gambling operator employing more than 2000 staff, making the company …

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bet365 helps Trent Vale School set up Sierra Leone project

The latest news from the bet365 charitable foundation is that a donation of £230,000 has been made to help a school in Trent Vale set up a project for vulnerable children in Sierra Leone. St. Joseph’s College has had a long running partnership with Sierra Leone, and since 2007 has been sending groups of teachers and students to help schools …

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Denise Coates sets up £100 million charitable foundation

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 …

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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 …

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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% …

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