{"id":249624,"date":"2025-12-24T18:28:30","date_gmt":"2025-12-24T18:28:30","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/249624\/"},"modified":"2025-12-24T18:28:30","modified_gmt":"2025-12-24T18:28:30","slug":"bet365-boss-denise-coatess-pay-package-rises-to-280m","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/249624\/","title":{"rendered":"Bet365 boss Denise Coates&#8217;s pay package rises to \u00a3280m"},"content":{"rendered":"<p>Archie MitchellBusiness reporter<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2025\/12\/1765806968_986_grey-placeholder.png\" class=\"sc-5340b511-0 gUePlo hide-when-no-script\" aria-label=\"image unavailable\"\/><img decoding=\"async\"   src=\"https:\/\/www.europesays.com\/ie\/wp-content\/uploads\/2025\/12\/3928c150-dff1-11f0-bc4a-ef4a2869974a.jpg.webp.webp\" loading=\"eager\" alt=\"PA Media Denise Coates, the founder of Bet365, is pictured standing against a grey wall wearing a wide-collared shirt beneath a black suit jacket. \" class=\"sc-5340b511-0 hLdNfA\"\/>PA Media<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Denise Coates, the founder and chief executive of Bet365, received a pay package of at least \u00a3280m in 2025, marking another year as one of Britain&#8217;s highest-paid bosses.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Her total earnings jumped by more than two thirds from almost <a target=\"_self\" href=\"https:\/\/www.bbc.co.uk\/news\/articles\/ce90k034mzvo\" class=\"sc-f9178328-0 iCaRzc\" rel=\"nofollow noopener\">\u00a3158m a year earlier<\/a>, despite profits at the gambling firm tumbling.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Ms Coates was awarded \u00a3104m in salary in the year to March 2025, Companies House filings show.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">In addition, as a majority shareholder in Bet365, she was entitled to at least half of the \u00a3354m dividend payment declared by the firm for the year.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">The \u00a3280m package means she has earned more than \u00a32bn from Bet365 over the past decade.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Campaign group the High Pay Centre condemned Ms Coates&#8217;s pay as too high.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Director Andrew Speke said: &#8220;Denise Coates is well-liked in Stoke for being self-made and giving back to her community.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">&#8220;But the eye-watering sums she earns go far beyond what anyone needs for a life of luxury &#8211; and her fortune comes from an industry that has caused real harm to too many people.&#8221;<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Bet365 has been approached for comment.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Her latest pay deal came as Bet365&#8217;s pre-tax profit fell to \u00a3339m for the year, from \u00a3596m previously. Overall revenue rose by 9%, from \u00a33.7bn a year earlier to \u00a34bn.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Ms Coates founded Bet365 in a portable building in a Stoke-on-Trent car park more than 20 years ago. It is now the biggest private sector employer in the city and offers sports betting, poker, casino games and bingo online to millions of customers worldwide.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">She is one of Britain&#8217;s richest women and among the world&#8217;s highest-paid executives.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">After training as an accountant, Ms Coates helped build Bet365 into one of the biggest online gambling companies from her father&#8217;s bookmaking business. Her brother, John Coates, is a co-chief executive of the company.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">As well as being one of the UK&#8217;s best-paid bosses, <a target=\"_blank\" href=\"https:\/\/www.thetimes.com\/money\/article\/tax-list-uk-100-biggest-taxpayers-jx6ldh5hd?gaa_at=eafs&amp;gaa_n=AWEtsqcD5L2fP5zK1BtMnJN7KPaGtUWpEObAAaMAu84NW_sSNEuGWWh7x-aZ1Y4FkaM%3D&amp;gaa_ts=694a8174&amp;gaa_sig=_WYwjYez8iuXQL55s9QjA4tYuQDaqLuZrcmSPk80mcNBhyqQKtFpEnJa6_lbbNMpwLWUxdZO3e0Ex5sXawxnrg%3D%3D\" class=\"sc-f9178328-0 iCaRzc\" rel=\"nofollow noopener\">Ms Coates is reportedly among the country&#8217;s biggest taxpayers<\/a>. Her \u00a3104m salary would see her pay tens of millions in income tax and national insurance.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">Bet365 also said the company paid \u00a3482m of tax in the year to March, up from \u00a3364m a year earlier, including tax on dividend payments.<\/p>\n<p class=\"sc-9a00e533-0 eZyhnA\">During the year, Bet365 donated \u00a3130m to the Denise Coates Foundation, which donates to charities covering education, arts and culture and health.<\/p>\n","protected":false},"excerpt":{"rendered":"Archie MitchellBusiness reporter PA Media Denise Coates, the founder and chief executive of Bet365, received a pay package&hellip;\n","protected":false},"author":2,"featured_media":249625,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[73],"tags":[79,18,19,17],"class_list":{"0":"post-249624","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-business","9":"tag-eire","10":"tag-ie","11":"tag-ireland"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/115775967583609230","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/249624","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=249624"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/249624\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/249625"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=249624"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=249624"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=249624"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}