{"id":6751,"date":"2025-10-26T15:57:37","date_gmt":"2025-10-26T15:57:37","guid":{"rendered":"https:\/\/caneparealty.com\/index.php\/agent\/carrollmcrober\/"},"modified":"2025-10-26T15:57:51","modified_gmt":"2025-10-26T15:57:51","slug":"carrollmcrober","status":"publish","type":"agent","link":"https:\/\/caneparealty.com\/index.php\/agent\/carrollmcrober\/","title":{"rendered":"carrollmcrober"},"content":{"rendered":"

Bet365 Boss Denise Coates Gets \u20a4 300m Pay Package – A \u20a4 170m Cut<\/strong><\/p>\n

Bet365 boss Denise<\/a> Coates gets \u20a4 300m pay package –<\/a> a \u20a4 170m cut<\/p>\n

3 March 2022<\/p>\n

ByRussell Hotten<\/a>
\nBBC News<\/p>\n

Bet365 manager Denise<\/a> Coates took home about \u20a4 300m during its last year – \u20a4 170m down on the previous year – as growth stalled.<\/p>\n

\"Register<\/a><\/p>\n

The billionaire<\/a> founder<\/a> of the online betting firm<\/a> received \u20a4 250m in salary and a share of the company’s pay-out of \u20a4 97.5 m in dividends.<\/p>\n

\"Register<\/a><\/p>\n

Ms Coates, one of Britain’s most affluent ladies and a significant philanthropist, has actually gotten a total of about \u20a4 1.3 bn from the business in the past 5 years.<\/p>\n

\"Register<\/a><\/p>\n

Bet365 was developed 21 years ago.<\/p>\n

Ms Coates and her brother John took over a wagering shop company run by their father, identifying that online betting could change the industry<\/a>. She now owns about half of the business.<\/p>\n

\"Register<\/a><\/p>\n

Bet365’s newest accounts submitted at Companies House show earnings were broadly flat<\/a> at \u20a4 2.82 bn in the first year of the pandemic, compared to \u20a4 2.81 bn in the previous year.<\/p>\n

\"Register<\/a><\/p>\n

Although not named in the accounts, Ms Coates has always been considered the person referred to as “greatest paid director”. She is believed to be Britain’s<\/a> greatest specific tax payer.<\/p>\n

It’s uncertain why the pay fell<\/a> a lot, although Bet365’s earnings from sports betting<\/a> was struck as the pandemic triggered<\/a> mayhem to sporting schedules<\/a>. An increase in wagering<\/a> through online slots<\/a> and casinos assisted<\/a> offset the loss.<\/p>\n

\"Register<\/a><\/p>\n

Bet365 stated: “At the start of the duration we experienced the practically total cessation of sporting occasions. However by the yohaig code<\/a> end of the very first half of the year, we saw the resumption of sports with the vast majority of European football leagues handling to conclude their domestic seasons.”<\/p>\n

Meanwhile, operating revenue increased<\/a> by 47% year-on-year to \u20a4 285.5 m, a gain the firm said was driven in big part by minimized pay packets for directors.<\/p>\n

Bet365 made charitable donations, mainly to the Denise Coates Foundation, of \u20a4 103m, up from almost \u20a4 90m the yohaig code<\/a> year before.<\/p>\n

Ms Coates attained a superior degree in econometrics and later on trained as an accountant within the family company<\/a>.<\/p>\n

The business owns Stoke City football<\/a> club, and is based in Stoke-on-Trent.<\/p>\n

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