Saturday, October 5

The millionaire figure that Denise Coates, the owner of the Bet365 betting house and one of the best paid executives in the world, received in one year

In three years the company has generated more than $1.4 billion dollars.
In three years the company has generated more than $1.4 billion dollars.

Photo: PAUL ELLIS/Getty Images

EFE

For: EFE Updated Jan 06, 2023, 9:49 am EST

Bet365 bookmaker owner Denise Coateswon £260 million pounds (€293 million euros: $307.6 million dollars) in the fiscal year that includes March 2021 to the same month of 2022.

Coates, one of the highest-paid female managers in the world, received £213 million pounds (€240 million euros; $251.9 million dollars) for salary and other £An additional 50 million for dividends, according to the accounts published this Friday by the British company.

Coates’ salary has been cut by 15% compared to the previous year for “investments in expanding the company”.

In total, in the last three fiscal years, Coates has amassed more than £1bn (€1.4 billion euros; $1.468 million) from Bet365.

Bet365, in addition to being one of the largest gaming companies in the world, is a sponsor of Stoke City, the Championship team (English Second Division).

Stoke City lost £26.3m in the year to March 2022, down from £55.8m the previous season. Club is secure as owners Bet365 have over £2 billion in the bank pic.twitter.com/RrneUJSw3I— Kieran Maguire (@KieranMaguire) January 6, 2023

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