Bet365 Boss Earns ₤ 469m in A Single Year Bet365 employer makes ₤ 469m in a single year 1 April 2021 The manager of the gambling company Bet365 has been awarded one of the biggest pay packages in UK corporate history. The highest paid director of Bet365 Group - thought to be creator and majority investor Denise Coates CBE - earned an income of ₤ 421m in the year ending 29 March. She also earned ₤ 48m in dividends, taking her overall pay to ₤ 469m. The company said the arrangements were "proper and fair", regardless of sales falling at the firm in 2015. But project group the High Pay Centre stated it was "appallingly ineffective for single individuals to hoard wealth in this method". Ms Coates, who established the Bet365 site twenty years back in Stoke-on-Trent, has been the UK's highest paid manager for a number of years. She is also one of Britain's wealthiest women and a major benefactor, donating millions through the Denise Coates Foundation. Her wage in the year to March was more than 50% greater than the ₤ 277m gotten in 2019 and suggested she made nearly ₤ 1.2 m every day in 2015. That was more than in charges of every FTSE 100 business combined, according to the High Pay Centre. It came as sales at Bet365 fell 8% to ₤ 2.8 bn as global sporting occasions were cancelled due to the pandemic. Profits slumped 74% to ₤ 194.7 m. However, the company said it had not cut staff pay or laid off workers as an outcome of the crisis. It likewise did not make use of the furlough plan. The business also paid ₤ 85m to Ms Coates's charitable structure. Ms Coates and her bro John took control of the gambling business twenty years back, which was run by their daddy. Ms Coates now owns about half of the company. She has actually formerly been referred to as among the UK's "most effective females".