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Bet365 CEO Denise Coates Earns £213M Amid Company's Profit Plunge
NewsJanuary 24, 2023·1 min read

Bet365 CEO Denise Coates Earns £213M Amid Company's Profit Plunge


Denise Coates, the CEO of Bet365, earned £213.4 million in the financial year 2021-2022. This significant amount includes a basic salary of £213,440,000 and approximately £50 million in share dividends.

The news of Coates' earnings comes amid a backdrop of the UK's cost-of-living crisis, sparking outrage and derision from many. The High Pay Centre, a campaign group, criticized the disparity in wealth distribution, stating that "too much [money] is going to too few people."

The Bet365 Group's profits fell from £525.1 million in 2021 to £76.1 million in the year to March 2022. Coates attributed much of this decline to investments in emerging markets, as stated in the company's annual report.

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