Bet365 tycoon handed one of Britain’s biggest ever paydays

Summarized by: Live Sports Direct
 
Bet365 tycoon handed one of Britain’s biggest ever paydays

Denise Coates was paid £421m in the year to March 2020 by Bet365. It is the second year in a row that she has received a higher salary. Bet 365's pre-tax profit fell from £469m to £50m. The company's total tax contribution fell to from £516m and £493m was donated to charity. Bet 364 is one of Britain's biggest taxpayers and significant donors to the Labour party. Its business is based in Stoke-on-Trent and employs more than 6,000 people. They generate a large proportion of their revenue from China.


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