{"id":136,"date":"2024-06-15T17:27:23","date_gmt":"2024-06-15T14:27:23","guid":{"rendered":"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/15\/bet365s-denise-coates-remains-uks-biggest-taxpayer-despite-pay-cut\/"},"modified":"2024-06-17T13:09:42","modified_gmt":"2024-06-17T10:09:42","slug":"bet365s-denise-coates-remains-uks-biggest-taxpayer-despite-pay-cut","status":"publish","type":"post","link":"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/15\/bet365s-denise-coates-remains-uks-biggest-taxpayer-despite-pay-cut\/","title":{"rendered":"Bet365s Denise Coates Remains UKs Biggest Taxpayer Despite Pay Cut"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/-bmcuGRoebo\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Bet365s creator, Denise Coates, experienced a reduction in her yearly earnings of \u00a3170 million (equating to roughly $227 million), yet she retains the top position as the UK&#8217;s highest contributor to the treasury. <\/p>\n<p>Financial records submitted to Companies House in the UK reveal that the gambling enterprise generated \u00a32.8 billion in income for the financial year concluding in March 2021, a figure comparable to the preceding year. This translates to a profit of \u00a3470 million for the business, from which Coates received approximately \u00a3250 million as her fundamental compensation. Furthermore, Coates obtained nearly \u00a350 million in dividends stemming from her ownership stake in Bet365, exceeding 50%. <\/p>\n<p>Despite a decline of \u00a3170 million in her remuneration compared to the prior year, Coates still earned close to \u00a3300 million when considering her base pay and the portion of dividends accessible to directors. <\/p>\n<p>Calculations indicate that over the past five years, Coates has personally accrued an estimated \u00a31.3 billion.<\/p>\n<p>&#8220;As the period commenced, we encountered a near-total halt in sporting events; however, by the time the first half of the year concluded, we witnessed the revival of sports, with the vast majority of European football leagues successfully completing their domestic seasons,&#8221; the company stated. <\/p>\n<p>Indeed, Bet365&#8217;s sports betting handle decreased by 13% throughout this timeframe. The company also factored in financial setbacks from Stoke City Football Club, in which the Coates family holds a 93% ownership interest. <\/p>\n<p>Even with a revenue decrease, bet365 experienced a surge in operating income. The firm generated an impressive \u00a3286 million, a 47% increase, allegedly attributed partly to reductions in executive pay. <\/p>\n<p>Established in 2001 by the Coates family &#8211; Denise, her sibling John, and their father Peter &#8211; bet365 has evolved into a gaming powerhouse.  The family&#8217;s personal fortune is substantial. This year, it&#8217;s approximated they contributed \u00a3482 million in taxes, nearly \u00a32 billion more than the UK&#8217;s second-largest taxpayer, Chris Rokos. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bet365s creator, Denise Coates, experienced a reduction in her yearly earnings of \u00a3170 million (equating to roughly $227 million), yet she retains the top position as the UK&#8217;s highest contributor to the treasury. Financial records submitted to Companies House in the UK reveal that the gambling enterprise generated \u00a32.8 billion in income for the financial [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bet365<\/title>\n<meta name=\"description\" content=\"Bet365 founder Denise Coates saw her annual earnings drop by \u00a3170 million, but she remains the UK\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/15\/bet365s-denise-coates-remains-uks-biggest-taxpayer-despite-pay-cut\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bet365s Denise Coates Remains UKs Biggest Taxpayer Despite Pay Cut\" \/>\n<meta property=\"og:description\" content=\"Bet365 founder Denise Coates saw her annual earnings drop by \u00a3170 million, but she remains the UK\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/15\/bet365s-denise-coates-remains-uks-biggest-taxpayer-despite-pay-cut\/\" \/>\n<meta property=\"og:site_name\" content=\"Elevate Your Gaming Experience | Licensed Online Casino\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-15T14:27:23+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-17T10:09:42+00:00\" \/>\n<meta name=\"author\" content=\"Scarlett &quot;Siren&quot; Collins\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Scarlett &quot;Siren&quot; Collins\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/15\/bet365s-denise-coates-remains-uks-biggest-taxpayer-despite-pay-cut\/\",\"url\":\"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/15\/bet365s-denise-coates-remains-uks-biggest-taxpayer-despite-pay-cut\/\",\"name\":\"Bet365\",\"isPartOf\":{\"@id\":\"https:\/\/cryptoleocasinonodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-15T14:27:23+00:00\",\"dateModified\":\"2024-06-17T10:09:42+00:00\",\"author\":{\"@id\":\"https:\/\/cryptoleocasinonodepositbonus.icu\/#\/schema\/person\/febddb58090557ad4d055d9c2f08ae86\"},\"description\":\"Bet365 founder Denise Coates saw her annual earnings drop by \u00a3170 million, but she remains the UK\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/15\/bet365s-denise-coates-remains-uks-biggest-taxpayer-despite-pay-cut\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/15\/bet365s-denise-coates-remains-uks-biggest-taxpayer-despite-pay-cut\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptoleocasinonodepositbonus.icu\/2024\/06\/15\/bet365s-denise-coates-remains-uks-biggest-taxpayer-despite-pay-cut\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/cryptoleocasinonodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bet365s Denise Coates Remains UKs Biggest Taxpayer Despite Pay Cut\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptoleocasinonodepositbonus.icu\/#website\",\"url\":\"https:\/\/cryptoleocasinonodepositbonus.icu\/\",\"name\":\"Elevate Your Gaming Experience | Licensed Online Casino\",\"description\":\"Experience the excitement of licensed online gambling through our up-to-date news, in-depth reviews, and expert articles. 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