We all have heard of big names like Mark Zuckerberg, Sundar Pichai, and Rishi Sunak. But have you ever heard the name of Denise Coates? She is the owner of Bet365 and pocketed more than £270 million last year, another huge payday for the founder of the Stoke-on-Trent-based gambling company. Denise Coates, who set up Bet365 in a portable building in Staffordshire in 2000, received the bumper payout despite the firm making a £60 million loss. Today, let’s take a look at the success story of Bet365 owner Denise Coates. Denise launched the betting platform Bet365 in the year 2000, and today she is among the richest women in Britain. There are about 9 million users worldwide on this platform. Her company did a business of about Rs 35 thousand crore in 2023. Although the gaming section of the company suffered a loss of Rs 630 crore, the overall profit remained higher than last year.
According to reports, Dennis got Rs 2,324 crore as a total package in 2023. According to the Bloomberg Billionaires Index, Coates has received a salary and dividend of about Rs 16 crore in the last 10 years. According to the Sunday Times rich list, the Coates family is ranked as the 16th richest in the UK, with an estimated £8.8 billion fortune.
Bet365 reportedly collected roughly flat revenues of £3.4bn, while the business recorded a pre-tax loss of £60m in the year to March, including a £12.4m loss from its ownership of Stoke City football club. The group also made a £100 million donation to the Denise Coates Foundation, a registered charity.
Talking about her personal life, Dennis Coates is married to Richard Smith, and they live in Betchton near Sandbach, Cheshire.
In January 2012, Coates was appointed a Commander of the Order of the British Empire (CBE) for services to the community and business. In 2012, she received an honorary doctorate from Staffordshire University. Next year, she was named one of the 100 most powerful women in the UK by Woman’s Hour on BBC Radio 4.
In 2019, Coates was inducted into the Sports Betting Hall of Fame run by the Sports Betting Community (SBC) for her leadership in the gambling industry.
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