Bet365 boss rakes in big £280m pay packet regardless of weaker income

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Your help makes all of the distinction. Learn extra Denise Coates, the top of betting big Bet365, has solidified her standing as one of many UK’s highest-paid executives, together with her remuneration package deal reaching a minimum of £280 million over the previous 12 months.

The billionaire entrepreneur, who co-runs the Stoke-based agency together with her brother, acquired this substantial whole pay deal regardless of the corporate reporting weaker income.

Newly filed Firms Home accounts for the enterprise point out Ms Coates was allotted a wage of £104 million for the monetary 12 months ending March 2025. The accounts additionally reveal the corporate distributed a £353.6 million dividend to shareholders for the 12 months, over 3 times the earlier 12 months’s payout.

She will likely be eligible for a minimum of half of this, or virtually £177 million, as majority shareholder of the enterprise.

<img src="https://static.independent.co.uk/2025/12/23/13/23125337-8a7dd999-cdd1-4a32-9a0e-3aad62465834.jpg" srcset="https://static.independent.co.uk/2025/12/23/13/23125337-8a7dd999-cdd1-4a32-9a0e-3aad62465834.jpg?quality=75&width=320&auto=webp 320w, https://static.independent.co.uk/2025/12/23/13/23125337-8a7dd999-cdd1-4a32-9a0e-3aad62465834.jpg?quality=75&width=640&auto=webp 640w" loading="lazy" alt="Bet365 said pre-tax profits slid to £338.5 million (Alamy/PA)" class="sc-1mc30lb-0 ggpMaE inline-gallery-btn"/> open picture in gallery

Bet365 stated pre-tax income slid to £338.5 million (Alamy/PA) Ms Coates subsequently acquired a minimum of £280 million for the 12 months, representing a pointy rise from the roughly £159 million deal she obtained final 12 months.

It takes her whole pay and dividends to round £1.8 billion for the previous eight years.

The rise comes after the group reported stronger revenues, which rose 9% to 4.04 billion for the 12 months, on the again of development in each its sports activities and gaming operations.

<img src="https://static.independent.co.uk/2025/01/06/18/45ec543cf3afb8554b54d74e55e82e08Y29udGVudHNlYXJjaGFwaSwxNzM2MjcyMjAz-2.13530115.jpg" srcset="https://static.independent.co.uk/2025/01/06/18/45ec543cf3afb8554b54d74e55e82e08Y29udGVudHNlYXJjaGFwaSwxNzM2MjcyMjAz-2.13530115.jpg?quality=75&width=320&auto=webp 320w, https://static.independent.co.uk/2025/01/06/18/45ec543cf3afb8554b54d74e55e82e08Y29udGVudHNlYXJjaGFwaSwxNzM2MjcyMjAz-2.13530115.jpg?quality=75&width=640&auto=webp 640w" loading="lazy" alt="Bet365’s Denise Coates with her Commander of the British Empire medal in 2012 (Sean Dempsey/PA)" class="sc-1mc30lb-0 ggpMaE inline-gallery-btn"/> open picture in gallery

Bet365’s Denise Coates together with her Commander of the British Empire medal in 2012 (Sean Dempsey/PA) (PA Archive) Progress benefited from a “profitable” Euro 2024 match in the course of the monetary 12 months and growth into new markets.

Nonetheless, the pay improve additionally got here regardless of the group revealing that pre-tax income slid to £338.5 million from £596.3 million a 12 months earlier.

In Could, the Guardian reported Ms Coates and her household had been assessing a possible sale of the enterprise which may worth it at as much as £9 billion.