How Denise Coates from England became a richest CEO?
How Denise Coates from England became a richest CEO?
The gambling commission the industry regulator has said 2 million people in the UK either problem gamblers or at risk of addiction.
Denise Coates was born in stoke-on-trent ( UK ) in 1967.
She graduated from the University of Sheffield in econometrics.
Her father Peter Coates owned catering business with the stokes city football club.
Denise Coates started out as a cashier, marking up in a small number of betting shops owned by her father, Peter as a sideline to his main business of football stadium catering.
In 1995, she became the managing director and grew her father’s betting business from 12 shops to 49 shops.
Then she took the big plunk.
As she said, ” the internet offered the opportunity of being a global player and it exited me hugely. I was convinced that sports betting was a natural fit for the internet and was determined to take the business online”.
In 2000 Denise Coates founded her company bet 365 in Portakabin.
Shipboard the bet365.com domain on eBay for $ 25,000.
In 2005 she sold her betting shops to Rival Coral and paid of 40 million pounds that to RBS (Royal Bank of Scotland)
In 2012 she received CBE award when she was 45. CBE means commander of the most excellent order of the British Empire.
In 2018 Denise Coates she became the richest women.
In 2018 BET365 moved headquarter again to Malta.
In 2020 she earned salary of 422 million pounds.
In 2021 she has been the highest paid chief executive in Britain for several years.
She made $851 million last year giving herself a 52% pay rise.
– Kiran R Gite.