Bet365 Group Limited Hot
Bet365 Group Limited was founded in 2000 in a portakabin in Stoke-on-Trent by Denise Coates. In March 2001, Denise developed a online sports betting platform and trading team. The company borrowed £15 million from RBS against the family's betting shop division which was started by Denise's father, Mr Peter Coates in 1974. The betting shop chaing was sold to Coral for ...
....£40 Million in 2005.
Since then, the company has grown to one of the largest online gambling company with £12.2 Billion wagered on sports, revenues of £650 million and an operating profit of nearly £117 Million.
Bet365 Group Limited headquaters are still based in Stoke-on-Trent in England, UK and employ 2100+.
The sport betting division is regulated by the UK gambing Commission whilst the company's online casino, games, bingo and poker are licensed and regulated by the gouvernment of Gibrlatar.
Bet365 Group has also a presence in Australia where the business is regulated by the Northern Teriirtory Gov.
Hillside (New Media) Ltd is Bet365 trading name. Bet365 upper management include Denise Coates (joint Chief Executive and majority shareholder with 50.1%), her brother John Coates (Joint Chief Executive) and her Father Peter Coates who holds the position of Chairman.