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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]
Bet365's reported figures (March 2020–21) showed revenues of £2.8 billion and a profit of £470 million before tax. [10] Denise Coates, joint chief executive, continues to run Bet365 and is the majority shareholder with 50.1% of the shares.
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.
Gigi Levy was chief executive (CEO) until 2011; he was paid an annual salary of $841,000 and an annual bonus of $1,007,000 in 2010. [63] In March 2012, Brian Mattingley was appointed as CEO of 888 Holdings. [64] In 2015 Mattingley left the position of CEO to assume the position of executive chairman of 888 Holdings. [65]
Investment firms and news headlines reward that thinking: Plan to save 10 times your annual income before you retire, common wisdom suggests, if you want to keep the lifestyle you have now.
Police in Laos have detained the manager and seven staff members of a backpacker hostel in Vang Vieng following the deaths of six tourists from suspected methanol poisoning, state media reported ...
The company was founded in June 2000, by Andrew Black and Edward Wray. [1] Softbank purchased 23% of Betfair in early April 2006, valuing the company at £1.5 billion. In December 2006, Betfair completed the purchase of the horseracing publishing company Timeform (which traded under the name Portway Press Ltd).
USA TODAY. Paparazzi and protesters: CEO shooting suspect's unusual journey to New York City. News. Associated Press. Testimony of Texas man whose execution was halted in shaken baby case is ...
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