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Billionaire Bet365 boss takes a 45% pay cut despite soaring profits

www.theguardian.com 06-01-2025 04:01 1 Minutes reading

Denise Coates paid herself £150m in salary and dividends last year – far below the £466m she collected in 2020

Britain’s highest-paid woman, the Bet365 billionaire Denise Coates, has given herself a 45% pay cut, receiving £150m in salary and dividends last year despite soaring profits at the online gambling company.

The Stoke-based business reported an increase in turnover from £3.4bn to £3.7bn last year, while also cutting costs and benefiting from a one-off gain on the value of its investments.

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