Bet365 CEO Denise Coates Takes 45% Pay Cut, Still Earns £158 Million

Despite reduced earnings, Coates remains one of the world's highest-paid executives as Bet365 profits soar to £596 million.

Denise Coates, co-CEO of Bet365, earned £158.7 million in 2024, down from £270 million the previous year, reflecting a 45% pay reduction.
Her 2024 compensation included a £94.7 million salary and £64 million in dividends from her 58% ownership of the company.
Bet365 reported a 9% increase in turnover to £3.7 billion and a pre-tax profit of £596 million, reversing a loss of £72.6 million the prior year.
The company contributed £364 million in taxes and donated £120 million to the Denise Coates Foundation, which supports arts, education, and healthcare.
Criticism of Coates' high pay continues, especially from groups concerned about gambling's societal impact and inequality during a cost-of-living crisis.