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Bet365 is an online gambling company offering sports betting and casino type games. In addition to the company headquarters in Stoke-on-Trent, Bet365 have further offices in Manchester, Gibraltar, [1] Malta, [2] Bulgaria, Armenia and Australia. The group employed over 4,000 people as of 2020. [3] [4] Bet365 is a trading name of Hillside (New ...
The online gambling industry has seen an increase of mergers and acquisitions in recent years. [1] This has been caused by a number of factors including saturation of the market, consolidation in fragmented markets, the repeal of PASPA in the U.S. [2] and a greater desire for economies of scale.
Parlay bets are paid out at odds higher than the typical single game bet, but still below the "true" odds. For instance, a common two-team NFL parlay based entirely on the spread generally has a payout of 2.64:1. In reality, however, if one assumes that each single game bet is 50/50, the true payout should instead be 3:1.
The business borrowed £15 million from RBS against the family's betting shop estate. In 2005, these shops were sold to Coral for £40 million, which allowed Coates to pay off the loan to RBS. As of 2016, Bet365 is one of the world's largest online gambling companies, with $2 billion in revenues and facilitating $45 billion in yearly bets.
John Fitzgerald Coates was born in January 1970, [1] the son of Peter Coates, chairman of Stoke City F.C. and director of Bet365. He attended Bristol University , where he studied law. [ 2 ]
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]
The following other wikis use this file: Usage on ar.wikipedia.org بيت 365; Usage on azb.wikipedia.org بت۳۶۵; Usage on be-tarask.wikipedia.org
The Colossus Bets is headquartered in London, England, and was founded by former Monsanto PR operative Bernard Marantelli [1] and Zeljko Ranogajec in 2013. [2] The bookmaker currently focuses in pools betting by incorporating modern betting features such as Cash Out and Syndicates, currently holding seven US patents. [3]