Bet365 Group founder Denise Coates was paid about £159 million ($199 million) last year, retaining her title as one of the world’s best compensated executives as her gambling empire’s earnings surged.
The online bookmaker’s majority shareholder and co-chief executive officer received roughly £64 million from dividends and £94.7 million in salary for the year through March 2024, based on a UK registry filing published Monday.
A representative for Coates, 57, the UK’s richest woman, didn’t immediately respond to a request for comment.
Bet365 reported operating profit of £365.7 million after posting a loss in the previous 12-month period. That swing was partly due to lower administrative expenses after the closely held firm made an aggressive push in recent years to expand in North America following the US Supreme Court’s ruling allowing states to legalize sports betting.
