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Bet365 Owner

Bet365 is majority owned by Denise Coates, and this global wagering superpower has a very different ownership structure and story. Ownership within the Australian bookmaking industry continues to consolidate with corporate entities owning multiple brands. Not Bet365 though.

Denise Coates majority owner of Bet365

Bet365 founder Denise Coates - who last year gave herself a salary of £265million - made the deal with Ed Nield (centre with his sons), MailOnline can reveal +30 The marina had been planned with an. Denise Coates CBE (born 26 September 1967) is a British billionaire businesswoman, the founder and joint chief executive of online gambling company Bet365. In October 2019, Forbes magazine estimated Coates's net worth at $12.2 billion. In 2018, Coates was paid a £323 million, which included a 50 per cent share of a £92.5m company dividend. The billionaire founder of bookmaker Bet365 paid herself £265million last year – a record for the boss of a UK firm. Denise Coates, 51, pocketed the huge sum through a combination of pay. Bet365 will no longer provide services in 47 countries Bet365, a bookmaker renowned all over the world, have informed that he will soon withdrew his services from some countries. Especially for you, we have prepared a list of Bet365 restricted countries where the bookmaker is not available as well as maps of geographical regions with the.

Unlike many Australian betting sites, Bet365’s ownership is contained to the one family. Bet365 is majority owned by British businesswoman Denise Coates. Coates founded and continues to run Bet365 and owns 50.01% of the company. In 2019, Coates’ salary was recorded at $617 Million AUD and she has an estimated net worth of $12.2 billion.

Despite her business stature, 52 year old Coates lives a relatively quiet life in Cheshire, England. Her salary and net wealth has attracted its fair share of criticism despite donating $190 million to a string of charities through her own philanthropic venture, the Denise Coates Foundation.

Other significant owners

John Coates, Denise’s brother, runs the company in conjunction with his sister. John Coates owns a 25% share in Bet365. John has amassed a personal fortune of an estimated $1.3 billion.

The family patriarch, father Peter Coates, also had a hand in founding the Bet365 business. Peter Coates is chairman of Bet365 and also a part owner.

How Bet365 started

The Coates family has a long history of bookmaking. Denise Coates worked as a cashier at Provincial Racing, the family business. After a period of years turning around the fortunes of the family betting shops, Denise Coates was appointed as managing director of the betting shop estate. In 2000, Denise left the family business to found and develop Bet365.com. The Coates’ family worked from a portable cabin in a Stoke car park while developing the new online betting site. In 2001, Bet365 launched.

Bet365 Owner New House

Bet365 owner tax

Bet365 today

Now in 2020, Bet365 is one of the largest bookmakers in the world. They have more than 35 million customers around the globe and employ an estimated 4,300 people. In 2019, Bet365’s reported revenues of $5.8 billion AUD.

Bet365 Australia

Bet365 Australia is a division of Bet365 and operates on the bet365.com.au domain. One peculiarity of the Bet365 Australia business is that they do not advertise bonuses and promotions, a tactic that has been employed by the parent company since its inception to attract new customers.

Stoke-on-Trent

Bet365 and the Coates family has a long and proud affiliation with Stoke-on-Trent. Father, Peter Coates, was born in Stoke, and even today, Bet365 continues to operate from the Staffordshire base.

Bet365 Owner

Stoke City FC

Peter Coates is also the current owner and chairman of Stoke City FC. On his second stint as chairman starting in 2005, Peter Coates turned around the fortunes of the Club from a middling Second Division team to later spend 10 years in the English Premier League. In 2018, Stoke City FC was relegated to the Championship Division of English football.

Stoke City’s home ground is the former Britannia Stadium, now named Bet365 Stadium.

So, if you are looking for the best and unbiased Bet365 reviews, this post is the right place to be.

Bet365 is a UK gambling platform founded by Denis Coates. The company started in 2000 as a sports betting platform. However, over the years, they have added other services which include casino operation, a racebook, poker, and Bingo.

Bet365 has grown to be one of the largest online gaming companies, and this has come with a lot of awards and recognition. It’s no wonder that they have over 35 million customers worldwide.

Yes, Bet365 is legit. But the site recently has a lot of bad complaints and feedback from its players. We will not say it is a scam but you need to avoid the site after reading its complaints below.

Bet365 is among the top leading online gambling company around the globe. It has almost the greatest record-setting in completely covering games rending services which include football games, casinos, pokers among others. Bet365 can best be known for its racebook and sportsbook services, it also hosts virtual racing, which enables gamblers to bet on racing simulations at all times.

They have a website which can be accessed through a standard web browser, with a web supportive app that supports Android and Apple devices. These sites and App can be used to access the racebook, sportsbook, casino, poker room and Bingo hall.

Bet365 is a United Kingdom-based private online gambling company which offers sports, betting, poker, casino, games and bingo, video streams on sporting events, and also an on-course bookmaking service. They are one of the broadest among the world’s leading online gambling companies, comprising of over 19 million customers in almost 200 countries in the world, because of its significant features which include; the overall quality of the site, website look, customer service, live streaming, functionality of the website, sports coverage, live betting, bonuses and promotion and safety and fairness

It was founded by Denise Coates in 2000, and managed by John Coates and Peter Coates as co-owners. The headquarters are in the United Kingdom and in the city of Stroke on Trent.

Is Bet365 legit?

Bet365 is legit. It is not a scam but they have a lot of bad feedback and complaints, please stay away from Bet365 or visit its better alternatives at Betway.com. It used to be one of the most legitimate and popular betting websites online. They have over 19 million and 3000 employees. And they are seen all over the world on news, sport news etc.

Bet365 isn’t the only or the oldest main sponsor of an EPL Club. Stoke City have been sponsored by one of the largest online bookmakers in the world – Bet365, ever since 2012. During the first year, Bet365 paid £1.3 million to Stoke City, whereas the amount for the 2014/15 and 2015/16 was £3 million per month.

The connections between Stoke and Bet365 are quite strong as the owner of the club is also a major shareholder in Bet365. Recently, it has been announced that Bet365 acquired naming rights to Stoke’s Stadium – Britannia Stadium, which will be renamed Bet365 Stadium from the beginning of the 2016/17 season. The company also pledged to improve the stadium capacity to more than 30,000 seats. That is to show you how popular and legitimate Bet365 is.

With cyber fraud on the high, you want to ask questions before making deposits in an online platform. The obvious question here is: Is bet 365 legit and safe? The short answer is: Yes.

The long answer is that Bet365 is fully licensed by the UK Gambling Commission (UKGC). In the least, it means Bet 365 is 100% legal because a reputable legal jurisdiction passes it fit to operate. Also, the UKGC is widely regarded as one of the best regulators of gaming and gambling operators. Instead of allowing its license holders to operate independently, the commission ensures that its license holders adhere to guidelines which include operating fairly, ensuring responsible gaming (protecting minors and the vulnerable), and protecting players’ funds. Know that when licensees do not comply, the UKGC does not shy away from bringing down the hammer on them with hefty fines and, in the worst cases, revoking their gaming licenses. With the oversight of the UK Gambling Commission, there is no doubt that Bet 365 is legit and safe.

Legit Round-Up:

  • Fully licensed by the UKGC
  • Responsible Gaming (18+ onlygaming)
  • Players fund are protected evenin the event of wind up

Bet365 is sponsored by the professional organizations which include, West Brownwich Albion football club, The Stroke City football club, Aston Villa football club and others, with over 16 million customers and 320 Annual Net Income in Euro million.

Their gambling services like Casino, Poker room, Sportsbook and Games operations are all licensed by the U.K Gambling Commission, and regulated by Gibraltar government with license number (RGL 075), it is monitored by the Gibraltar Gambling Commissioner, it equally have some offices in Australia and the business regulated and licensed by the Northern Territory Government.
Bet365 are seen all over the world on sports news, and other means with their license and benefits, it can be termed legit.

Bet365 complaints and feedback:

Bet365 Owners

Note: Recently the have been a lot of complaints about Bet365 that we do not recommend them any more. You may visit its alternatives Betsson.com and Betway.com,

My email address: betting.helpdesk@ gmail.com

Restricted Countries in Bet365

Bet365 owner tax

Due to legal reasons, Bet365 restrict these countries; Zimbabwe, Yemen, Venezuela, Uzbekistan, USA, US Virgin Islands, Turkmenistan, Turkey, Tajikistan, Syria, Sudan, South Africa, Somalia, Singapore, Romania, Puertorico, Portugal, Philippines, North Korea, Netherlands, Myanmar, Monaco, Martinique, Macau, Libya, Israel, Italy, Iraq, Iran, Hong Kong, Haiti, Guinea-Bissau, Guam, Guadeloupe, French Guyana, France, Eritrea, Democratic Republic of Congo, Congo Republic, Chinese Taipei, Chad, Cambodia, Burundi, Bulgaria, Belgium, Angola, American Samoa and Afghanistan.

Games at Bet365

Bet365 Owner

You can comfortably access the games at the top of each screen comprising of all the sections. The games include sports, in-play, financials, Casino games, Poker, Vegas and Bingo.

Bet365 Casino is a massive service which offers over hundreds of unique games, live dealers, progressive jackpots and croupiers.

The Bingo hall supports both 75 and 90 balls bingos, as well as side games. Bet365 poker room is one of the busiest poker networks online.

Bonuses and Promotions

A review on the promotion page of Bet365 reveals a list of promotions covering a wide range of sports and casino games. Their large selection of promotions reveals their latest offer and conditions which will enable you to have plenty of opportunities to win bonus cash when checked out.

Banking System

They make payments using these currencies; Australian Dollars, Argentinean Pesos, Euros, Japanese Yen, Mexican Pesos, South African Rand, U.K Pounds, United States Dollars, Canadian Dollars, Chinese Renminbi, and others.

Bet365 Owner House

Deposit and Withdrawal Options

Bet365 offer an easy withdrawal in which you can use visa, master card, Neteller, Click2pay, Laser, Bank Wire, Moneybookers, and check to get your winnings.

You can deposit using these options; Visa and Mastercard, Neteller, Moneybookers, Laser, Click2pay, Instadebit, Bank wire and others.

Customer Support

Bet365 is outstanding from other numerous competitors through readily 24 hours – seven days customer service support offers. This means they attend to customers all around the globe at any time.

The customer representative means of contact are readily available through live chat, e-mail, call back service, fax, free phone and regular posts. The address and phone number are on the “contact us” section on their site.

Their language includes English, Italian, Spanish, German, Danish, Swedish, Norwegian, Chinese, Japanese, Bulgarian, Greek, Portuguese, Romanian, Czech, Hungarian, Slovenian and Dutch. They answer questions and queries efficiently, fast and are generally friendly.

Conclusion

Bet365 is a legitimate gambling site that has an above-board operation reputation. It makes use of SSL encryption which makes it safe to use and equally enable the players to maintain their privacy. They have a lot of gaming venues for one Bet365 account and a variety of game software providers.

Bet365 Owner

However, Bet365 has a lot of bad and negative feedback which is not good for them. And these number of bad reviews can not be false if you take a look at all the complaints by the players.

We will advise you to stay away from Bet365 and move on to be better and more legitimate Bet365 alternative with good feedback.

Do you have any experience with Bet365? Good or Bad, use the comment section below to give us your brief Bet365 review.