Who owns the most of bet?

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. In October 2019, Forbes magazine estimated Coates's net worth at $12.2 billion.

en.wikipedia.org - Denise Coates - Wikipedia

What do Brits call a drink?

Bevvy. Short for beverage, you would usually hear this word uttered in a pub to refer to the alcoholic kind, especially when in want of another...

Last updated Mar 24, 2019

What is the most hit hand in poker?

The royal flush The royal flush sits atop the poker-hand rankings as the best hand possible. It features five consecutive cards of the same suit in...

Last updated Mar 6, 2018

Make Your Bookie Cry And Pull The Hair By Generating $23,187

Promotion

English businesswoman

Denise Coates (born 26 September 1967) is a British billionaire businesswoman, the founder, majority shareholder and joint chief executive of online gambling company Bet365.[1] In October 2019, Forbes magazine estimated Coates's net worth at $12.2 billion.[2] In 2020, she earned a salary of £422 million and dividends of £48 million.[3] As of 2021, she has been the highest paid chief executive in Britain for several years,[3] and is one of the wealthiest women in Britain, according to the Sunday Times Rich list.[4]

Early life [ edit ]

Denise Coates was born the eldest daughter of Peter Coates, chairman of Stoke City F.C. and a director of Bet365. She earned a first class degree in econometrics from the University of Sheffield.[5]

Business career [ edit ]

While at school, Coates started work in the cashiers' department of Provincial Racing, a bookmaking firm owned by her family. After leaving university, she continued to work at Provincial Racing, as an accountant. Following this, Coates became managing director over the small chain of shops in 1995. That same year, Coates obtained a loan from Barclays to acquire a neighbouring chain.[6]

Bet365 [ edit ]

In January 2000, Coates purchased the domain name Bet365.com.[7] Bet365.com was launched in 2001 as an online betting site. 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. The company also owns a majority stake in Stoke City Football Club. In 2015, Bet365 moved its headquarters from Stoke to Gibraltar because of its favourable regulations. Coates still runs the company alongside her brother, and co-CEO, John Coates.[8] Coates owns around half of Bet365. Her personal fortune is estimated at $5.2 billion, as of December 2022.[9] In 2017, Coates was criticised for paying herself £217 million, with Mike Dixon, CEO of Addaction, saying "It cannot be right that the CEO of a betting company is paid 22 times more than the whole industry ‘donates’ to treatment."[10] In 2018, it was announced that her salary had increased to £265 million, around 9,500 times more than the average UK salary, with Luke Hildyard of the High Pay Centre commenting, "Obviously, people who build successful companies need to be rewarded for their hard work, but this is an obscene amount of money for someone who is already a billionaire. It's weird to think that someone so rich would want to get their hands on even more, rather than put it to a more useful purpose."[11] Her salary of £421 million in 2020 was 50% higher than it was in 2019, and higher than all FTSE 100 Index CEOs combined.[3]

Denise Coates Foundation [ edit ]

Do horse owners pay tax on winnings?

As a hobby owner, all prize money is tax free. You will also be pleased to know hobby owners are free from capital gains tax on the sale of your...

Last updated May 26, 2019

How can I be a millionaire?

6 Steps to Become a Millionaire by 30 Start Saving Early. The easiest way to build your savings is to start early. ... Avoid Unnecessary Spending...

Last updated Sep 9, 2018

Promotion

Coates set up the Bet365 Foundation in August 2012, and in February 2016 it was renamed to Denise Coates Foundation. It is a registered charity under English law[12] and it donated £100 million[13] to twenty UK charities as of 2014. In 2022 the charity donated £1 million to help families in Ukraine.[14] Charities which have received funds include Oxfam, CAFOD, the Douglas Macmillan Hospice for cancer sufferers in Stoke, and relief programmes for victims caught in the aftermath of Typhoon Haiyan in the Philippines. University scholarships and theatre donations have also been offered.[15][16] The Foundation pledged £230,000[17] to St Joseph's College, in Trent Vale, for the school's work to help support vulnerable young people in Bo, Sierra Leone. In March 2020 the foundation granted £235,000 to The New Vic Theatre in Newcastle-under-Lyme for essential refurbishment and redevelopment.[18][19] In April 2020, Coates donated £10 million through her foundation to University Hospitals of North Midlands to support staff fighting coronavirus.[20]

Personal life [ edit ]

Coates is married to Richard Smith, and they live in Betchton near Sandbach, Cheshire.[5][10] She drives an Aston Martin with personalised number plates bearing her initials.[7] They have five children, including four that in March 2014 were reported as being "recently adopted from the same family".[6][9][21]

Honours and awards [ edit ]

In January 2012, Coates was appointed a Commander of the Order of the British Empire (CBE) for services to the community and business.[22] In 2012, she received an honorary doctorate from Staffordshire University.[5] In 2013, Coates was named as one of the 100 most powerful women in the UK by Woman's Hour on BBC Radio 4.[23] In 2019, Coates was inducted to the Sports Betting Hall of Fame run by Sports Betting Community (SBC) for her leadership in the gambling industry.[24]

en.wikipedia.org - Denise Coates - Wikipedia

What does over 2.50 goals mean?

Statistically speaking, most punters place a bet over or under the 2.5 goals amount. The over 2.5 goals market means that you are betting that the...

Last updated Aug 25, 2022

Does ATM give 50?

What ATMs Dispense $50 Dollar Bills? Typically, ATMs only give out bills in $20 increments. If you need $50, you have to withdraw $60 by taking out...

Last updated Nov 16, 2021

Promotion

How much is BetKing net worth?

BetKing is the trading name of Blue Lake Ventures Limited, a pan-African sports betting and entertainment business with major operations in...

Last updated Nov 19, 2022

Promotion

How do you predict football wins?

One of the best ways to predict football matches is by using data and statistics. You can use data to find patterns in how teams play. For example,...

Last updated Sep 3, 2018