bet365 boosts workforce with 1,578 new jobs after £600m profit

Stoke-on-Trent gambling giant bet365 created 1,578 new jobs during the last financial year, according to its latest accounts. The Etruria-based firm's workforce increased from 7,567 to …

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Bet365 Boosts Workforce With 1,578 New Jobs After £600m Profit

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Stoke-on-Trent gambling giant bet365 created 1,578 new jobs during the last financial year, according to its latest accounts. The Etruria-based firm's workforce increased from 7,567 to …

msn.com

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Bet365 Boosts Workforce With 1,578 New Jobs After £600m Profit

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23 hours ago · About Press Copyright Contact us Creators Advertise Developers Terms Privacy Policy & Safety How YouTube works Test new features NFL Sunday Ticket Press Copyright ...

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Bet365 Returns To Profit With Rising 2024 Revenues - Online Casinos

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Jan 7, 2025 · After previously making a £60 million pre-tax loss, the year to the end of March 2024 saw bet365 make a £626 million pre-tax profit. Among the reasons for the change in …

online-casinos.com

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Bet365 Boss Takes Big Pay Cut But Still Makes £158m - BBC

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Jan 6, 2025 · On Monday, the group reported a pre-tax profit of £596.3m for the year, compared with a loss of £72.6m the year before when it was expanding in regions such as North America.

bbc.com

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Bet365 Owner Takes Pay Cut But U.S. Profits Soar - Covers.com

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Jan 7, 2025 · Coates’ pay cut comes as bet365 returned to making a profit in FY 2024, bringing in a pre-tax profit of £596.3 million ($747 million). ... bet365 saw plenty of launches in new U.S. …

covers.com

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Bet365 Boss Denise Coates' Salary Slashed By £130m As Betting …

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Jan 7, 2025 · Bet365's billionaire chief, Denise Coates, has experienced a significant salary cut of nearly £130m as the betting behemoth bounced back into profitability with a near £600m profit. …

business-live.co.uk

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Bet365 Boss Takes £126m Pay Cut Despite Profit - MSN

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Bet365 is the largest employer in the Stoke area. The group reported a pre-tax profit of £596.3m for the year, compared with a loss of £72.6m the year before when it was expanding in regions ...

msn.com

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Bet365 Explains 95% Drop In Profits Over Last Year

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Jan 6, 2023 · Gambling giant bet365 took on hundreds of extra workers in 2021/22 but profits fell to £15.4million. Accounts published this week on Companies House show the Etruria …

stokesentinel.co.uk

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Hundreds Of New Jobs At Bet365 Despite 'pandemic's Significant …

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Mar 4, 2022 · Gambling giant bet365 took on hundreds of extra workers during the pandemic - after seeing profits rise to £285 million. Accounts published on Companies House show the …

stokesentinel.co.uk

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Bet365 Revenue Ticks Up, But Profit Plummets - IGB

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Jan 6, 2023 · Bet365 profit drops sharply. As a result of the higher costs, Bet365’s operating profit from sports and gaming declined sharply, by 87.8% to £41.7m. After non-operating income – …

igamingbusiness.com

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Bet365 Reports $4.6B In Revenue From Sports Betting Business

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Jan 7, 2025 · In 2024, bet365 also gained access to Pennsylvania with a looming debut in Illinois. Last week, Brazil welcomed bet365 as an operator with the opening of its regulated market. …

sbcamericas.com

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Bet365 Opens New US Headquarters And Secures $14m In Tax …

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Oct 1, 2024 · The Colorado Economic Development Commission has approved up to $14m in performance-based job growth incentive tax credits for bet365 over an eight-year period. …

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FAQs about bet365 boosts workforce with 1,578 new jobs after £600m profit Coupon?

How many jobs did Bet365 create in the last year?

Stoke-on-Trent gambling giant bet365 created 1,578 new jobs during the last financial year, according to its latest accounts. The Etruria-based firm's workforce increased from 7,567 to 9,145. ...

Is Bet365 a good employer in Stoke?

Bet365 is the largest employer in the Stoke area. The group reported a pre-tax profit of £596.3m for the year, compared with a loss of £72.6m the year before when it was expanding in regions like North America. The expansion appears to be paying off, with the group's revenue growing by 9% to £3.7bn. Reduced executive pay also helped profits. ...

How much money did Bet365 make a year?

Direct costs for sports and gaming grew more slowly than revenue, by 1.4% to £496.8m, leaving a gross profit of £2.30bn for Bet365, up by 2.7% from 2020-21. However, administrative expenses grew much more rapidly, by 18.2% to £2.31bn. ...

How has Bet365 impacted staff costs?

Staff costs were also up, as Bet365 increased its headcount from 5,443 to 6,092, though some of this was offset by lower pay for directors, including its highest-paid director – chief executive Denise Coates – receiving £213.4m, down by 16.5% year-on-year. ...

What happened to Bet365?

As a result of the higher costs, Bet365’s operating profit from sports and gaming declined sharply, by 87.8% to £41.7m. After non-operating income – £28.1m in gains from investments and £6.3m in interest income – the operator made a pre-tax profit of £76.1m. The Bet365 Group also owns Stoke City Football Club. ...

Why did Bet365 Group's turnover increase a year-on-year?

The bet365 Group's strategic report puts this largely down to a year-on-year increase of £319.5m in administration expenses 'driven by significant costs associated with raising brand awareness in new markets alongside continued investment in IT infrastructure and technology'. Meanwhile, turnover increased to £2.87billion from £2.81billion. ...