{"id":38,"date":"2024-06-11T20:18:55","date_gmt":"2024-06-11T17:18:55","guid":{"rendered":"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/11\/bet365s-denise-coates-remains-uks-top-taxpayer-despite-salary-drop\/"},"modified":"2024-06-12T10:38:32","modified_gmt":"2024-06-12T07:38:32","slug":"bet365s-denise-coates-remains-uks-top-taxpayer-despite-salary-drop","status":"publish","type":"post","link":"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/11\/bet365s-denise-coates-remains-uks-top-taxpayer-despite-salary-drop\/","title":{"rendered":"Bet365s Denise Coates Remains UKs Top Taxpayer Despite Salary Drop"},"content":{"rendered":"<p><iframe loading=\"lazy\" width=\"800\" height=\"450\"\n    src=\"https:\/\/www.youtube.com\/embed\/xrFuqtYn6B0\"\n    frameborder=\"0\"\n    allow=\"accelerometer; encrypted-media; gyroscope; picture-in-picture\"\n    allowfullscreen><br \/>\n<\/iframe><\/p>\n<p>Bet365s creator, Denise Coates, experienced a substantial salary decrease this year, with her remuneration dropping by \u00a3170 million (around $227 million). Nevertheless, she maintains her position as the UK&#8217;s leading taxpayer.<\/p>\n<p>Documents submitted to Companies House indicate that the gaming behemoth achieved revenues of \u00a32.8 billion for the financial year concluding in March 2021, a sum comparable to the preceding year. This yielded a profit of \u00a3470 million, with Coates&#8217; fundamental pay constituting approximately \u00a32.5 million. However, her controlling interest in Bet365, surpassing 50%, granted her a supplementary dividend nearing \u00a3500 million.<\/p>\n<p>Although her overall compensation diminished by a considerable \u00a3170 million in contrast to the prior year, Coates still garnered close to \u00a3300 million when factoring in her base salary and dividends. Over the past five years, her accumulated earnings have reached an estimated \u00a31.3 billion.<\/p>\n<p>The firm acknowledged the pandemic&#8217;s effects on its activities, stating, &#8220;At the period&#8217;s outset, we encountered a near-total halt of sporting competitions; however, by the first half&#8217;s conclusion, we witnessed the resumption of sports, with the majority of European football leagues successfully concluding their domestic seasons.&#8221;<\/p>\n<p>Despite the revival of sporting events, Bet365 documented a 13% reduction in sports wagering revenue. The enterprise also shouldered losses from Stoke City Football Club, which is 93% owned by the Coates family. <\/p>\n<p>Notwithstanding a difficult year, bet365 witnessed its operational earnings surge by a substantial 47% to \u00a3286 million, primarily attributed to a choice to diminish executive remuneration. <\/p>\n<p>Established in 2001 by Denise Coates, along with her sibling John, and their father Peter, the Coates clan, proprietors of bet365, remitted an approximated \u00a3482 million in levies. This astonishing figure exceeds the tax obligation of the United Kingdom&#8217;s second-wealthiest taxpayer, Chris Rokos, by a significant \u00a3180 million. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bet365s creator, Denise Coates, experienced a substantial salary decrease this year, with her remuneration dropping by \u00a3170 million (around $227 million). Nevertheless, she maintains her position as the UK&#8217;s leading taxpayer. Documents submitted to Companies House indicate that the gaming behemoth achieved revenues of \u00a32.8 billion for the financial year concluding in March 2021, a [&hellip;]<\/p>\n","protected":false},"author":52,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.8 (Yoast SEO v22.8) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bet365 CEO Remains UK<\/title>\n<meta name=\"description\" content=\"Bet365\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/11\/bet365s-denise-coates-remains-uks-top-taxpayer-despite-salary-drop\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bet365s Denise Coates Remains UKs Top Taxpayer Despite Salary Drop\" \/>\n<meta property=\"og:description\" content=\"Bet365\" \/>\n<meta property=\"og:url\" content=\"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/11\/bet365s-denise-coates-remains-uks-top-taxpayer-despite-salary-drop\/\" \/>\n<meta property=\"og:site_name\" content=\"Experience the Best of Online Casino Gaming | Licensed &amp; Trusted\" \/>\n<meta property=\"article:published_time\" content=\"2024-06-11T17:18:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-12T07:38:32+00:00\" \/>\n<meta name=\"author\" content=\"Connor &quot;Colt&quot; Hughes\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Connor &quot;Colt&quot; Hughes\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/11\/bet365s-denise-coates-remains-uks-top-taxpayer-despite-salary-drop\/\",\"url\":\"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/11\/bet365s-denise-coates-remains-uks-top-taxpayer-despite-salary-drop\/\",\"name\":\"Bet365 CEO Remains UK\",\"isPartOf\":{\"@id\":\"https:\/\/uptownacesnodepositbonus.icu\/#website\"},\"datePublished\":\"2024-06-11T17:18:55+00:00\",\"dateModified\":\"2024-06-12T07:38:32+00:00\",\"author\":{\"@id\":\"https:\/\/uptownacesnodepositbonus.icu\/#\/schema\/person\/ad5e9971c33fdff6f580e11ba95fd767\"},\"description\":\"Bet365\",\"breadcrumb\":{\"@id\":\"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/11\/bet365s-denise-coates-remains-uks-top-taxpayer-despite-salary-drop\/#breadcrumb\"},\"inLanguage\":\"en-GB\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/11\/bet365s-denise-coates-remains-uks-top-taxpayer-despite-salary-drop\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/uptownacesnodepositbonus.icu\/2024\/06\/11\/bet365s-denise-coates-remains-uks-top-taxpayer-despite-salary-drop\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Homepage\",\"item\":\"https:\/\/uptownacesnodepositbonus.icu\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bet365s Denise Coates Remains UKs Top Taxpayer Despite Salary Drop\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/uptownacesnodepositbonus.icu\/#website\",\"url\":\"https:\/\/uptownacesnodepositbonus.icu\/\",\"name\":\"Experience the Best of Online Casino Gaming | Licensed &amp; Trusted\",\"description\":\"Discover a world of exciting opportunities in online gambling with our regularly updated news, in-depth reviews, and informative insights. 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