Denise Coates Becomes the Second Wealthiest Woman in UK
Bet365 chief Denise Coates has become the second wealthiest woman in the UK. Her betting empire is worth billions and in the last year alone has made a profit of £791million. In just 12 months, gamblers placed £52.5billion worth of bets with Bet365.
She launched Bet365 in 2001 with a £15million loan from RBS secured against her chain of betting shops. In just four years, Ms Coates’ new venture became a huge success and she sold her chain of betting shops to Coral for £40million.
Bet365 is very much a family firm, owned by Ms Coates and members of her immediate family. Her brother, John, is joint chief executive while her father, Peter is the firm’s chairman.
Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Denise Coates Becomes the Second Wealthiest Woman in UK…
The post Denise Coates Becomes the Second Wealthiest Woman in UK appeared first on Eastern European Gaming – News – Interviews – Legal Market Updates – Premium Reports – Events – Directory.
Source: Eastern European Gaming