A significant gambling business may potentially be acquired for an estimated £9 billion.
In the gossip mill, word on the street is that the bigwigs at Bet365 are chatting up Wall Street banks and Yank advisors about a possible sale. But as for Bet365 themselves, they're keeping mum on the matter.
If this sale goes down, Denise Coates, a 57-year-old powerhouse, could pocket a cool £5 billion. That's because she owns a whopping 58% of the company. Under her leadership, Bet365 has become the reigning champ of online sports betting, starting in the UK and conquering the US after the 2018 federal ban on sports betting was lifted. Now, this bookmaker is operating in 31 countries. This 58% owner has consistently topped the list of British CEOs with the highest salary and made it to the roster of the richest British women. Bet365 is also ranked among the TOP-5 most profitable iGaming companies.
Denise Coates, a key player in the global online sports betting industry, is the founder and joint CEO of Bet365. Respected for her sharp business mind, Coates has been responsible for transforming Bet365 into a dominant force in the online gambling sector. She's been the driving force behind the company's growth and expansion strategies, ensuring that Bet365 stays ahead of the game in this rapidly changing market.
- Denise Coates, the richest woman in the UK's finance industry, could earn a staggering £5 billion if Bet365, the casino-and-gambling business she co-owns and operates, goes through with a sale.
- As the founder and joint CEO of Bet365, Denise Coates is a prominent figure in the global online sports betting industry.
- Under Coates' leadership, Bet365 has dominated the online sports betting market, starting in the UK and expanding to 31 countries, including the US after the 2018 federal ban was lifted.
- Coates is not only the largest shareholder, owning 58% of Bet365, but she has also topped the list of British CEOs with the highest salary and is among the richest British women.
- Bet365 is recognized as one of the TOP-5 most profitable iGaming companies in the world.
