£60m loss, which **includes** the payment of her £220m salary.
I.E. not really a loss at all, from the point of view of a company that’s majority owned by one person, more making sure they don’t pay any corporation tax on that £3.4b income.
She is consistently the highest tax payer in the UK
I despise her industry but I have a far bigger issue with people who dodge their tax than those who don’t, and she pays her taxes to be fair
When the fun stops, have another bet. It’ll cheer you up – ACTUAL Bet365 slogan.
None of it’s my money since I don’t use its services as far as I know. It’s useful for checking odds of stuff that might happen I think, as is paddy power. If you want to know the chances of Sunak resigning they are as good as anything.
As long as she is operating legally, then good on her. Politics of envy is a nasty business.
So, her family has supposedly paid 2 billion quid in tax in the UK since 2019. You can criticise the industry she operates in but as far as billionaires and massive companies go, there are much much worse offenders. All those American companies based on Ireland and paying fuck all tax here are the biggest enemy, start with them
I mean deregulated gambling is shit and has ruined god-knows how many lives by preying on the most vulnerable in society, but, at least she pays tax ‘eh?
But remember people. When the fun stops, STOP. It’s so easy
Good for her. Doesn’t sound like she’s one of those people who use loans and other methods to avoid paying tax.
Gentle reminder that the vast majority of people gamble responsibly and if it wasn’t for her half of Stoke wouldn’t have a job
That’s at least £270m taken away from people with financial issues.
If you make £££millions but pay appropriate tax, I have nothing to say. Especially if you’re paying more into the coffers than Google, Amazon, et al…
I moved to the UK from South Africa. One thing my wife noticed is how much gambling is shoved down people’s throats here – TV, Radio, Web Browsing… it’s insane compared to our home country. No wonder these companies can pay out such salaries.
She pays her taxes though as opposed to most of these tools
The scariest thing is that she’s only the CEO of one company. Not the entire gambling industry.
I’ve always believed gambling should have a weekly limit tied to a person’s ID – say, £10 or so.
I literally only bet a couple of times a year, usually on horse racing. If I started losing I’d stop because I wouldn’t be able to see the fun.
People disagree with me when I say about bringing the limit in, they say ‘but it’s about the fun of it.’
Okay, well if you’re enjoying it that much, what’s the difference between £10 & £100?
I think gambling prays upon the minds of the vulnerable. It’s sad. Most people never take time to consider that the whole industry only exists because customers lose. You’re not special!
So leaving side how rotten and predatory the betting industry is and let’s rose tint assume it’s possible for betting companies to have “good’uns” and Bet365 is one.
Bet365 has 7000 staff, meaning for every million £ she got in this annual pay she could have given every staff member £142.86 extra. So let’s knock off £100 million, leaving her with a barely breaking even £170 million for the year. That would’ve given each staff member a flat pay bonus of £14,285.71.
It’s just unbelievable greed.
You only have to walk around any town-centre in a deprived area to see gambling for what it is. Gambling shops, charity shops and cheap food places form the majority.
Gambling is very much a tax on the stupid and that means it mostly hits those who can least afford it. People living miserable, hard-working lives face constant temptation to gamble in the hope of a better life – for every one who “wins” so many lose.
Gambling bosses sit right next to those who sell expensive fake cures to terminally ill patients – I would make both capital offences because I find both even more abhorrent than terrorists.
Gambling isn’t going away. So instead of getting mad at her and the industry. Aim your anger at the government who could easily tighten legislation or levy and invest additional taxes to educate and support those that struggle with addiction.
As far as I can tell this is a story of a successful uk company that employees a shitload of people and a boss paying their fair share of taxes.
I know the role must come with extreme stress and responsibility but man, £270m a year for a company leader whose industry doesn’t offer much beyond damaging people’s lives. Even a fifth of that amount would be beyond the wildest dreams of anyone who won it from a lottery ticket. I find it absolutely insane and so unbalanced that some roles attract such salaries!
How much of that is from winning players who they decide not to pay out
Don’t enjoy reading the gambling/anti gambling threads at all. If ever there was a nuanced approach needed it’s on this subject
I’m a sales person now and I drive around for a 20% of my work time. The number of gambling adverts is insane, it is nonstop but occasionally you hear the helplines for those affected by gambling… This country is mad to allow to continue like this.
Competent government taxing the ultra wealthy?, id sign up for this! Lets fucking go!
Making money from other peoples misery , sick of seeing gambling adverts – with their pretend
Concern for people whose lives have been ruined by gambling.
People who profit off other people’s gambling addictions should be taxed at like 90%, it’s basically free money.
The property she is building in Cheshire is unbelievable! It’s in 50 acres.
There are a few points here.
Gambling can be bad but can you blame the gambling company as long as they are following all regulations. Do you blame all gambling companies? Gambling is here to stay so this is a moot point. More regulation could be a good thing but that has nothing to do with this.
Is the pay excessive?
The first part of that is you could argue she earned it by building the company to what it is today and she pays her taxes unlike a lot of other billionaires so on that point this is fine.
The second part is more about society in general. Should people be able to earn this sort of money? Should there be a realistic limit? I say that because that 270m or billions over the years even after tax has now been taken out of the system. It doesn’t trickle down and disappears off to sit somewhere else which is of no benefit to the people. If that money was distributed through all employees then that money would be spent in the economy further enriching everyone’s lives. Do we think it’s right the way this is? Should CEO pay be capped? Should it be relative to the lowest paid in the business? I think it should. That doesn’t harm ambition or building companies up, it just sets a bar that if you want to achieve it then you bring with you all the people that make that possible. That then pushes wages up for everyone which means more taxes, more money for people to spend elsewhere and a better quality of life for all.
Lastly, I find the article quite disrespectful in that this is someone who is paying their taxes albeit earning silly amount of money. There are plenty of other billionaires who pay no taxes and plenty who earn more than her but don’t register it as income for tax purposes. Those are the people they should be reporting on and not what they consider easy targets that will cause divisive arguments amongst people to deflect away from the real problems of corporations and wealthy people who pay zero tax. This article has a clear obvious intention that anyone with even an ounce of critical thinking can see.
That’s my opinion and I stick by it.
She is the highest tax payer in the country and her firm is the biggest non government employer in the Stoke/Hanley area. Why is this even a story?
Who cares! When did we chastise people for earning a living? Typical BS Guardian anti capitalist item
Why do they run this story on her every year, its like they’re obsessed with her
31 comments
£60m loss, which **includes** the payment of her £220m salary.
I.E. not really a loss at all, from the point of view of a company that’s majority owned by one person, more making sure they don’t pay any corporation tax on that £3.4b income.
She is consistently the highest tax payer in the UK
I despise her industry but I have a far bigger issue with people who dodge their tax than those who don’t, and she pays her taxes to be fair
When the fun stops, have another bet. It’ll cheer you up – ACTUAL Bet365 slogan.
None of it’s my money since I don’t use its services as far as I know. It’s useful for checking odds of stuff that might happen I think, as is paddy power. If you want to know the chances of Sunak resigning they are as good as anything.
As long as she is operating legally, then good on her. Politics of envy is a nasty business.
So, her family has supposedly paid 2 billion quid in tax in the UK since 2019. You can criticise the industry she operates in but as far as billionaires and massive companies go, there are much much worse offenders. All those American companies based on Ireland and paying fuck all tax here are the biggest enemy, start with them
I mean deregulated gambling is shit and has ruined god-knows how many lives by preying on the most vulnerable in society, but, at least she pays tax ‘eh?
But remember people. When the fun stops, STOP. It’s so easy
Good for her. Doesn’t sound like she’s one of those people who use loans and other methods to avoid paying tax.
Gentle reminder that the vast majority of people gamble responsibly and if it wasn’t for her half of Stoke wouldn’t have a job
That’s at least £270m taken away from people with financial issues.
If you make £££millions but pay appropriate tax, I have nothing to say. Especially if you’re paying more into the coffers than Google, Amazon, et al…
I moved to the UK from South Africa. One thing my wife noticed is how much gambling is shoved down people’s throats here – TV, Radio, Web Browsing… it’s insane compared to our home country. No wonder these companies can pay out such salaries.
She pays her taxes though as opposed to most of these tools
The scariest thing is that she’s only the CEO of one company. Not the entire gambling industry.
I’ve always believed gambling should have a weekly limit tied to a person’s ID – say, £10 or so.
I literally only bet a couple of times a year, usually on horse racing. If I started losing I’d stop because I wouldn’t be able to see the fun.
People disagree with me when I say about bringing the limit in, they say ‘but it’s about the fun of it.’
Okay, well if you’re enjoying it that much, what’s the difference between £10 & £100?
I think gambling prays upon the minds of the vulnerable. It’s sad. Most people never take time to consider that the whole industry only exists because customers lose. You’re not special!
So leaving side how rotten and predatory the betting industry is and let’s rose tint assume it’s possible for betting companies to have “good’uns” and Bet365 is one.
Bet365 has 7000 staff, meaning for every million £ she got in this annual pay she could have given every staff member £142.86 extra. So let’s knock off £100 million, leaving her with a barely breaking even £170 million for the year. That would’ve given each staff member a flat pay bonus of £14,285.71.
It’s just unbelievable greed.
You only have to walk around any town-centre in a deprived area to see gambling for what it is. Gambling shops, charity shops and cheap food places form the majority.
Gambling is very much a tax on the stupid and that means it mostly hits those who can least afford it. People living miserable, hard-working lives face constant temptation to gamble in the hope of a better life – for every one who “wins” so many lose.
Gambling bosses sit right next to those who sell expensive fake cures to terminally ill patients – I would make both capital offences because I find both even more abhorrent than terrorists.
Gambling isn’t going away. So instead of getting mad at her and the industry. Aim your anger at the government who could easily tighten legislation or levy and invest additional taxes to educate and support those that struggle with addiction.
As far as I can tell this is a story of a successful uk company that employees a shitload of people and a boss paying their fair share of taxes.
I know the role must come with extreme stress and responsibility but man, £270m a year for a company leader whose industry doesn’t offer much beyond damaging people’s lives. Even a fifth of that amount would be beyond the wildest dreams of anyone who won it from a lottery ticket. I find it absolutely insane and so unbalanced that some roles attract such salaries!
How much of that is from winning players who they decide not to pay out
Don’t enjoy reading the gambling/anti gambling threads at all. If ever there was a nuanced approach needed it’s on this subject
I’m a sales person now and I drive around for a 20% of my work time. The number of gambling adverts is insane, it is nonstop but occasionally you hear the helplines for those affected by gambling… This country is mad to allow to continue like this.
Competent government taxing the ultra wealthy?, id sign up for this! Lets fucking go!
Making money from other peoples misery , sick of seeing gambling adverts – with their pretend
Concern for people whose lives have been ruined by gambling.
People who profit off other people’s gambling addictions should be taxed at like 90%, it’s basically free money.
The property she is building in Cheshire is unbelievable! It’s in 50 acres.
There are a few points here.
Gambling can be bad but can you blame the gambling company as long as they are following all regulations. Do you blame all gambling companies? Gambling is here to stay so this is a moot point. More regulation could be a good thing but that has nothing to do with this.
Is the pay excessive?
The first part of that is you could argue she earned it by building the company to what it is today and she pays her taxes unlike a lot of other billionaires so on that point this is fine.
The second part is more about society in general. Should people be able to earn this sort of money? Should there be a realistic limit? I say that because that 270m or billions over the years even after tax has now been taken out of the system. It doesn’t trickle down and disappears off to sit somewhere else which is of no benefit to the people. If that money was distributed through all employees then that money would be spent in the economy further enriching everyone’s lives. Do we think it’s right the way this is? Should CEO pay be capped? Should it be relative to the lowest paid in the business? I think it should. That doesn’t harm ambition or building companies up, it just sets a bar that if you want to achieve it then you bring with you all the people that make that possible. That then pushes wages up for everyone which means more taxes, more money for people to spend elsewhere and a better quality of life for all.
Lastly, I find the article quite disrespectful in that this is someone who is paying their taxes albeit earning silly amount of money. There are plenty of other billionaires who pay no taxes and plenty who earn more than her but don’t register it as income for tax purposes. Those are the people they should be reporting on and not what they consider easy targets that will cause divisive arguments amongst people to deflect away from the real problems of corporations and wealthy people who pay zero tax. This article has a clear obvious intention that anyone with even an ounce of critical thinking can see.
That’s my opinion and I stick by it.
She is the highest tax payer in the country and her firm is the biggest non government employer in the Stoke/Hanley area. Why is this even a story?
Who cares! When did we chastise people for earning a living? Typical BS Guardian anti capitalist item
Why do they run this story on her every year, its like they’re obsessed with her