Bet365 Boss Denise Coates Sees Pay Jump To ₤ 221m. Bet365 manager Denise Coates sees pay jump to ₤ 221m ByLora Jones Business reporter, BBC News The boss of Bet365 was paid around ₤ 221m during its last monetary year, regardless of the gambling huge reporting a considerable loss. Denise Coates's income was ₤ 7m higher than the previous year, according to Bet365's newest accounts for the year to March 2023, external. As creator and joint primary executive of the online betting firm, Ms Coates will also have actually gotten a minimum of ₤ 50m worth of dividends. Bet365 declined to comment. Ms Coates's pay bump means that her overall wage over the previous four years exceeded ₤ 1bn. Campaign groups such as the High Pay Centre explained the pay plan as "neither fair nor proportional". "Ultimately, Britain's prosperity depends on how the wealth our economy generates is shared," said Luke Hildyard, executive director of the High Pay Centre which focuses on pay and accountable company. "Pouring numerous millions of pounds more on top of billionaire fortunes every year isn't an excellent way to increase living requirements and it over-values the contribution that the super-rich have actually made." Bet365 likewise paid an overall ₤ 100m in dividends for the last fiscal year - a portion of which would have gone to Ms Coates who owns about 57% of the company. Listen: Good Bad Billionaire - Denise Coates Doctors urged to ask patients about gambling Ms Coates founded the Bet365 website in a portable building in a Stoke-on-Trent parking area more than twenty years back. It is now the greatest economic sector company in the city. After training as an accounting professional, Ms Coates helped develop the group into among the biggest online gambling companies from her father's bookmaking company. Her brother is a co-chief executive.