Latest News

Bet365 Family Tops UK Taxpayers in 2020

Published

5 years ago

February 1, 2021

Niji Narayan

Reading Time: < 1 minute

Denise, John and Peter Coates, the owners of online bookmaker Bet365, have been declared the UK’s biggest taxpayers for the second year in a row.

The trio paid £573 million in tax last year. Over £200 million of that sum came from corporation and payroll taxes, while the rest originated from salary and dividend taxes, and betting duty, which the list included in their calculations for the first time.

Denise Coates, whose family has an estimated net worth of £7.2 billion and is the gambling firm’s joint chief executive, has received controversy in recent years for her gigantic salaries, including a £323 million payday in 2019.

Related Topics:bet365 Denise Coates John Coates Peter Coates

Up Next

500.com to Acquire Majority Stake in Loto Interactive

Don't Miss

How To Identify Fraudulent Online Sports Bookmakers

Niji Narayan

Niji Narayan has been in the writing industry for well over a decade or so. He prides himself as one of the few survivors left in the world who have actually mastered the impossible art of copy editing. Niji graduated in Physics and obtained his Master’s degree in Communication and Journalism. He has always interested in sports writing and travel writing. He has written for numerous websites and his in-depth analytical articles top sports magazines like Cricket Today and Sports Today. He reports gaming industry headlines from all around the globe.