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Add Bet365: UK's Best-paid Boss Hits ₤ 323m Jackpot

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<br>Bet365: UK's best-paid manager hits ₤ 323m jackpot<br>
<br>Bet365 employer Denise Coates has actually received a ₤ 323m payday, verifying her position as the UK's finest paid executive.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>The co-founder of the [online betting](http://wangchongwu.vicp.fun3333/jolieseverance) [company](http://wangchongwu.vicp.fun3333/eltonperin7471) was paid a ₤ 277m income plus dividends as the [popularity](https://super-admins.online/kandicecolbert) of online gaming continues to grow.<br>
<br>The firm's accounts, external show that in the year to end-March her from ₤ 220m on the previous period.<br>
<br>But the [increase](https://gogolive.biz/@artsco70798479?page=about) comes as the market faced mounting criticism, consisting of over [kids betting](https://kition.mhl.tuc.gr/kaleybertram34).<br>
<br>Gambling: How much do we spend in the UK?<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>The independently held business is [owned collectively](https://btslinkita.com/@stellablanton1?page=about) by Ms Coates and members of her direct family, including her sibling John, who is joint president, and her father Peter, the [firm's chairman](https://www.youtube.com/playlist?list=PLV34pN7j-J3AJoD4_c_sAVfg_4qZGeTPR).<br>
<br>Ms Coates made a first-class degree in econometrics - the application of statistical methods to economic data - from Sheffield University before joining the High Street wagering firm, run by her father.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>She recognized the capacity of online gaming in 2000 and invested in [the yohaig code](https://lesla.com/@clarence555768) domain name Bet365.com so that she might drive the family organization because direction.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>Bet365 earned a profit before tax of ₤ 791m in the year, compared with ₤ 661m the year before.<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>The firm paid [dividends](https://shiatube.org/@ernestineo218?page=about) of ₤ 92.5 m, half of which are thought to have actually gone to Ms Coates, as the owner of about half of Bet365's shares.<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
<br>The group of companies owns Stoke City Football Club, which made a loss of ₤ 8.7 m in the year.<br>
<br>The High Pay Centre, a think tank which keeps track of earnings, said the timing of the release of the Bet365 results looked "cynical", given it was simply after a general election.<br>
<br>High [Pay Centre](https://x.com/YohaigNG/status/1845872747924123782) executive director Luke Hildyard stated: "This looks like negative timing, slipped out directly after a basic election campaign where excess wealth, taxes on the abundant and the vast gap in between those at the top and everyone else have been key issues."<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
<br>He included: "Business success should be incentivised and rewarded, but a payment a fraction of this size would still pay for a lifestyle beyond the wildest dreams of many people."<br>
<br>Mr Hildyard said there was "clearly scope" for those [building](https://super-admins.online/danilotatum380) up such amounts to pay their workers more or [contribute](https://englishlearning.ketnooi.com/@jadai789279578?page=about) more in taxes.<br>
<br>Child gambling<br>
<br>In October, Cardiff University research study recommended that two-fifths of 11 to 16-year-olds had gambled in the previous year.<br>
<br>The study said this was "especially worrying, given that across the UK, a lot of kinds of commercial gaming are only legal for those aged 18 and over".<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>Fruit devices were the most popular kind of betting, followed by [playing cards](https://gitea.severmed.com/deonsealey6705) for cash with buddies and scratchcards.<br>
<br>Dr Graham Moore of the Centre for the [Development](https://git.bigtravelchat.com/philliptunbrid) and Evaluation of Complex Interventions for Public Health [Improvement stated](https://www.cupidhive.com/@jilliankarr209) at the time: "The proof reveals that individuals who bet previously in life are more likely to become issue gamblers in their adult years."<br>
<br>However, a [Betting Commission](https://kition.mhl.tuc.gr/selmasnowball) study in October, external suggested that 11% of kids had gambled within a week of the study being [performed](http://wangchongwu.vicp.fun3333/aleidakimbrell).<br>
<br>But in addition, the regulator alerted in July, external of research study that showed links between "issue betting and suicidal thoughts or efforts".<br>[bet9ja.com](https://register.bet9ja.com/?btag=yohaig&promocode=yohaig)
<br>Bet365 says it has "a steady dedication to deliver industry-leading methods to player security", consisting of monitoring consumer gaming, and says it will "terminate the [client] relationship if it feels the threat of damage is too expensive".<br>
<br>How much should bosses be paid?<br>[bit.ly](https://bit.ly/Bet9jaPromotionCodeYOHAIG)
<br>Child gambling a 'growing problem' - study<br>
<br>15 October 2019<br>