Bet365: UK's Best-paid Boss Hits ₤ 323m Jackpot
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Bet365: UK's best-paid boss ₤ 323m prize

Bet365 employer Denise Coates has gotten a ₤ 323m payday, confirming her position as the UK's best paid executive.
The co-founder of the online betting company was paid a ₤ 277m income plus dividends as the popularity of online betting continues to grow.
The firm's accounts, external show that in the year to end-March her wage increased from ₤ 220m on the previous period.
But the increase comes as the industry dealt with mounting criticism, including over children betting.
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The privately held company is owned jointly by Ms Coates and members of her direct family, including her brother John, who is joint president, and her daddy Peter, the company's chairman.

Ms Coates made a first-rate degree in econometrics - the application of statistical approaches to economic information - from Sheffield University before joining the High Street betting company, run by her daddy.
She identified the capacity of online gambling in 2000 and invested in the domain Bet365.com so that she could drive the household organization in that instructions.
Bet365 earned a profit before tax of ₤ 791m in the year, compared with ₤ 661m the year before.
The company paid dividends of ₤ 92.5 m, half of which are believed to have actually gone to Ms Coates, as the owner of about half of Bet365's shares.
The group of companies owns Stoke City Football Club, that made a loss of ₤ 8.7 m in the year.
The High Pay Centre, a think tank which monitors earnings, stated the timing of the release of the yohaig code Bet365 results looked "cynical", offered it was simply after a general election.
High Pay Centre executive director Luke Hildyard said: "this promotion code looks like cynical timing, slipped out straight after a general election project where excess wealth, taxes on the rich and the huge space in between those at the top and everybody else have actually been essential issues."
He added: "Business success must be incentivised and rewarded, however a payment a portion of this size would still pay for a lifestyle beyond the wildest dreams of the majority of people."
Mr Hildyard stated there was "clearly scope" for those collecting such sums to pay their employees more or contribute more in taxes.
Child gambling
In October, Cardiff University research study recommended that two-fifths of 11 to 16-year-olds had bet in the past year.
The research study stated this promotion code was "especially concerning, offered that across the UK, many forms of industrial gambling are only legal for those aged 18 and over".

Fruit makers were the most popular form of betting, followed by playing cards for cash with good friends and scratchcards.
Dr Graham Moore of the Centre for the Development and Evaluation of Complex Interventions for Public Health Improvement said at the time: "The proof reveals that individuals who gamble previously in life are most likely to become problem gamblers in their adult years."
However, a Gaming Commission study in October, external suggested that 11% of children had bet within a week of the survey being performed.
But in addition, the regulator cautioned in July, external of research study that showed links in between "issue gaming and self-destructive thoughts or attempts".
Bet365 says it has "an unwavering commitment to deliver industry-leading methods to gamer defense", including monitoring client gaming, and states it will "end the [client] relationship if it feels the risk of damage is too high".

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Child betting a 'growing problem' - study
15 October 2019

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