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Denise Coates CBE (born 26 September 1967) is a British billionaire businesswoman, the founder, majority shareholder and joint chief executive of online gambling company bet365. [1] As of July 2023, Forbes estimates Coates's net worth at $7.7 billion. [2] In 2020, she earned a salary of £422 million and dividends of £48 million. [3]
John Fitzgerald Coates (born January 1970), is an English billionaire businessman and the joint chief executive (CEO) of online gambling company bet365 and joint-chairman of Stoke City. Early life [ edit ]
Bet365 is a British gambling company founded in 2000. Its product offering includes sports betting , online casino , online poker , and online bingo . Business operations are conducted from its headquarters in Stoke-on-Trent , alongside a satellite office in Malta .
Online gambling company bet365 must refund more than a half-million dollars to customers who won bets, but were paid less than they were entitled to when the company unilaterally changed the odds ...
Peter Coates was born in Goldenhill, Stoke-on-Trent, the youngest of 14 children. [2] He was brought up by his sister, Irene, after his mother died when he was two. [2] His father, Leonard was a miner and World War I veteran who had a keen interest in football, where they regularly attended Stoke City's Victoria Ground. [2]
In 2010 Betfair was floated on the London Stock Exchange [4] at a £13 share price which valued it at £1.4bn, making Black's 15% stake worth approximately £200m. Black is known to have retained much of his stake, benefiting from the share price's subsequent climb to £44 before Betfair was delisted when it was merged with Paddy Power in 2016.
Sky Bet's origins lie in BSkyB's acquisition of Sports Internet Group in July 2000 [4] which included the small telephone and online sports betting-based company Surrey Sports, alongside two other companies: Planet Football and Opta Index.
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