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Bet365's Denise Coates Takes About £260 Million as Profit Nearly Halves

The filings land just before higher UK online gambling taxes take effect next year.

Overview

  • Newly filed accounts show Denise Coates earned nearly £104 million in salary and is entitled to at least half of £313.6 million in dividends, taking her total payout to roughly £260–261 million for the year to March 2025.
  • Bet365’s revenue rose about 9% to roughly £4 billion, while profit before tax fell sharply to about £349 million.
  • The reported results do not include the impact of the UK’s newly announced online gambling tax increases starting in April.
  • Bet365 said it transferred £130 million to the Denise Coates Foundation, while the foundation’s separate accounts show £16.7 million disbursed or committed to beneficiaries.
  • The group remains under regulatory scrutiny following a £582,000 Gambling Commission fine in April 2024 over customer-protection and anti-money-laundering failures.