Britain’s richest woman pocketed an estimated £150 million last year from her family’s gambling business, taking her earnings over the last seven years to more than £2 billion. Denise Coates, the boss of Bet365, is believed to have received a salary of nearly £95 million from the firm for the year to March 2024, according to recently filed accounts. Bet365 said the salary payments had been made to its highest-paid director, which is understood to be Coates who serves as its chief executive.
She is also entitled to at least half of the £110 million in dividends paid out during the year, taking her total haul for the period to £150 million. Coates, 57, is famous for her record-breaking pay packets, which over the last decade have amounted to around £2.4 billion. The latest payout came as Stoke-on-Trent-based Bet365 reported a profit of £596 million for 2024, a massive swing from the £73 million loss it delivered the previous year. But despite the bumper profit, Coates’ pay packet was sharply reduced from 2023, when she took home an estimated £271 million. It is also well below the record-breaking £469 million she received in 2020 when people turned to online gambling to alleviate boredom while stuck in lockdown during the Covid-19 pandemic, sparking a boom in demand. Denise Coates (pictured), the boss of Bet365, is believed to have received a salary of nearly £95 million from the firm for the year to March 2024 Ms Coates, one of Britain's richest women, founded the online gambling company in the early 2000s in Stoke-on-Trent after spotting the potential of internet betting to revolutionise the industr