Contact information DENISE COATES FOUNDATION. As a private company, bet365 does not have a wider shareholder base to answer to and is under no obligation to give any further details about where it makes its money. Kirsten Rausing is the UK's richest woman and has a fortune of 12.1billion. With so The annual mainstream media feeding frenzy sparked by Bet365's annual results, and its chief executive's pay, betrays some glaring double standards, and almost suggests there is little to be gained from greater transparency, writes Scott Longley. Single mother faces 170 parking fine after overstaying at McDonald's for just 14 minutes while she treated Public Service Announcement, do NOT watch these ads! The foundations mission is to improve the lives of others, primarily by providing front-line support to numerous charities registered in the United Kingdom. She has refused to say whether or not she has children in interviews. Her father, impressed with her abilities and hard ethic, eventually offered her the opportunity to run Provincial Racing. She worked in shops owned by her father, the son of a miner who made his fortune in the sports stadium catering business. . Guidelines, 1 million donated to support The mother of five children, including four girls adopted from the same family, saw that the future of the industry was online, and mortgaged the betting shops to build the Bet365 website. o Key words: Health, Social Welfare, Community Development, Medical Research, Education, Training, Arts, Culture, Disaster Recovery, Overseas, United Kingdom. Richard Smith is the husband of Bet365 boss Denis Coates. Contact details for the Foundation, as listed in itsCharity Commission entry, are:John Coates Chair The Denise Coates Foundation bet365 House Media Way Stoke-on-Trent ST1 5SZ Tel:0845 6000 365 (The Foundation does not advertise an email address. The Coates family might have easily hoarded their money and refused to aid their fellow Britons once their empire was worth billions. She is worth 10.3billion and lives with Michel de Carvalho, a financier and director of Citigroup. In an interview with the Guardian, Coates said: The public side does not come naturally to me. Her brother is also invested in the franchises success, despite the fact that Denise has minimal involvement in the organization and rarely attends games. She continues to rank as England's highest-paid boss. Planning for the statement home was granted last year and work is underway, with the build expected to take two years. Smith also works for Bet365, The Sunday Times reports. For the sake of some reassurance, they might want to know more about bet365s fortunes and its likely future trajectory. leaders. It is one hell of a lot better than most of the houses that Cheshire footballers build. Pictured, in 2012 Mrs Coates was awarded a CBE, Edward Colclough rebuffed Denise Coates's efforts to snap up his property in Cheshire as it backs onto her planned huge estate, 'I don't object to her building. In 2020, the average grant award was for 365,000, while in 2019 the average grant was 391,000. Bet365's latest accounts filed at Companies House show revenues were broadly flat at 2 . gathered from various interviews confirm that Denise and her husband have five Denise Coates Net Worth 2023. ', In December 2018 it was revealed that Ms Coates spent a staggering 5.5 million buying up hundreds of acres of farmland which surround her new space age home, snapping up 12 separate plots of land since 2014, Concepts for the palatial property are found in the visualisation made by designers, which show a waterside paradise, The design is incredibly modern and can be seen on public planning application papers lodged with Cheshire East Council, Anyone for tennis? How 'deluded' Putin thought Ukraine invasion would break up Nato & have West bowing down to Russia, leaked docs show, Man had sex with his wife on bollard after fuming neighbour placed it in cul-de-sac in protest during parking row, 'Bubbly' nightclub worker, 31, killed after her Audi crashed into a bridge on her way home from work, Independent Press Standards Organisation (IPSO). Denise Coates is a British businesswoman who founded online gambling juggernaut Bet365. Often significant grants are available to UK registered charities operating in the UK and/or overseas in the areas of health and welfare, community development, medical research and development, education, training, arts, culture, and disaster recovery. ). To maximise returns trustees may commit to investment strategies for several years. The gambling chief, 53, is developing a luxurious glass house set in 52 acres of Cheshire parkland. She is the eldest daughter of the Peter Coates, chairman of Stoke City FC, and a director of Bet365. Bet365 is now the world's biggest online gaming and betting business - taking 20 billion in bets last year from seven million customers in 200 countries - and Ms Coates is one of the UK . We're not for sale. The farmer who turned down Denise Coates' millions: Neighbour 'refused to sell his land to Bet365 gambling tycoon' as she tried to expand huge 52-acre estate around her futuristic mansion in Cheshire Because of her desire for complete privacy, Denise is not mentioned by name in the company accounts. The Provincials bad luck was quickly rectified under her supervision. Former Tory leader Sir Iain Duncan Smith told the Mail: It's gross that anyone should pay themselves that amount of money in a single year. We see this is a dangerous problem, but she flaunts it in everyone's faces by paying herself this ludicrous amount of money.. The lavish property is being designed by world renowned architectural design firm Foster and Partners, who are best known for their commercial projects. Coates, 53, earned a director's salary of 421million for her role as chief executive of Bet365, plus another 48million . Denise Coates is 55 years old, she was born on the 26th of September 1967. Coates is the majority shareholder with 50.01% of Bet365. At the age of 22, she took over her fathers business. As an adult, Not willing to sit still, she obtained a large loan from Barclays Bank and added a nearby chain of betting parlors to her familys now-expanding company. o Disaster recovery:150,000(2020: 0). Full disclosure In 2019/20 Bet365 also donated 85m to Mrs Coates's charity foundation, which has previously donated to Oxfam and the Douglas Macmillan Hospice. he was determined to create a better life from a young age. wraps. Ms Coates, already Britain's highest-paid boss, saw her . Grant recipients are also summarised on page 22. Thank you for your feedback. As of December 2019, her net worth was projected to be $12 billion. While her picture appears alongside different articles on Bet365, she rarely attends formal events and only conducts interviews via email. Get 5 free searches. Please note that the Foundation does not maintain a website. o Who can apply: UK registered charities working in the UK and/or overseas. There will also be ancillary buildings for staff. Bet365 is still one of the citys leading employers, employing an estimated 2,500 people, the majority of whom are locals. 679215 Registered office: 1 London Bridge Street, London, SE1 9GF. The mainstream media gave a sideswipe the gambling trade press for not focusing their coverage on how much money Denise Coates made. Plans for the estate included an artificial lake, sunken tennis courts, stables, ornamental gardens, workers' cottages and a boathouse. The Coates family are estimated to be worth around 6.8 billion, making Mrs Coates the UK's 5th richest woman behind Marit and Kirsten Rausing, Charlene de Carvalho-Heineken and Kirsty Bertarelli. Artist Steve Marr has run a pottery workshop in a barn on the Mr Colclough's land. Until recently, She started working in bookmaking as a teenager when she worked in shops owned by her father. Denise Coates and her family - who run the Stoke-on-Trent headquartered business - paid an estimated 481.7 million in tax last year, according to the annual Sunday Times Tax List. Bet365 chief executive Denise Coates was paid a total of 421m last year, newly-released annual accounts for the gambling firm reveal. With 50.01 percent of Bet365, Coates is the dominant stakeholder. with this post, location or person. Plans for the mega-mansion include an artificial lake, sunken tennis courts, stables, ornamental gardens, workers' cottages and a boathouse. According to Forbes, Denise Coates has a net worth of 5.8 billion. Do you have 5 minutes to tell us what you think of this service? Compare two chief executives. This was especially critical because many online operators were based in foreign countries with little or no regulatory oversight. You can unsubscribe at any time. . of his catering business allowed Coates to invest in a chain of betting shops Stoke City FC, of which Peter had been the majority shareholder from 1986 The new 52-acre estate, which has been designed by Lord Foster . the fact that she was born on 26th September 1967, this admittance of an early Phone - 08456000365. The Denise Coates Foundation saw a 50% increase in reserves, despite which it reduced donations to charitable organizations by 3 million. First Name. The giant that is bet365 today would not exist if it werent for Denises visionary investment 22 years ago. convincing her brother (who had been practicing as an attorney) to join her Do you have 5 minutes to tell us what you think of this service?Open in new window, Charity reporting is up to date (on time), This charity does not raise funds from the public. Get Denise Coates's email address (c*****@googlemail.com) and phone number (+971 56 682 ..) at RocketReach. which he named Provincial Racing. She used this money to pay off her loan with the Royal Bank of Scotland. referred to as the quiet queen of online betting, Denise Coates is one of Contact Us . Interactive map reveals when you may see SNOW. Aaron Krause has a net worth of, Read More Aaron Krause Net Worth: How Rich Is The Scrub Daddy Boss?Continue, Dan Pena Net Worth: Dan Pena is a well-known American entrepreneur and businessman with a net worth of $500 million as of . I'm a vet, and here are five dog breeds most prone to cancer - including Golden Retrievers and Rottweilers. If there is an issue, for the rest of the global gaming industry as much as for the mainstream press, then it lies in where Bet365 makes its money. A charity founded by Denise Coates - billionaire CEO of online gaming company Bet365 - has reduced its charitable giving from 9 million to 6 million, despite its shares increasing by nearly 50% to 568 million. Revealed: The top 10 fastest-growing destinations for UK pensioners retiring overseas. The organization worked hard to build a reputation as a trustworthy gambling establishment. 7 Conover Way Unit 7, Bradford, MA 01835 is for sale. Find Denise Coates' current house address. her father runs the bet365 business. Its just I very much enjoyactually running the business. People Like Denise Coates . assistance dogs for the physically disabled, Support for educational training Such investments usually take the form of stocks and shares but may include other assets, such as property, that are capable of generating income and/or capital growth. Coates, 53, has a fortune of 4.7 billion which grew out of the small chain of betting shops that she took over from her father in Stoke-on-Trent more than 20 years ago. . Coates hasnt lucked into her post at an auspicious time. On the Mrs Coates' mega financial package means she took home 3,126 times more than the Prime Minister, who earns around 150,000. In its annual results released this week, the company said that net gaming revenue for the year almost topped 3bn, up just under 10% . About Us; Frequently Asked Questions; Accepted Insurances; Self-Pay Pricing; Location; Contact Us; Mrs Coates' mega financial package means she took home 3,126 times more than the Prime Minister, who earns around 150,000. It took time, but Bet365 succeeded in avoiding any form of scandal or perception of shadiness. Join Facebook to connect with Denise Coates and others you may know. The incredible home is not the extent of Mrs Coates show of wealth as she drives an Aston Martin DB9 sports car with customised licence plates. Coates The 53-year-old founder and chief executive officer of Bet365 Group Ltd. pocketed 468.9 million pounds ($648 million) in pay and dividends, almost 50% . But who is the billionaire gambling boss . Please enter a valid email address. I left school at 16 with six GCSEs - and became a self-made millionaire. 27 March 2022. Casino.org is the worlds leading independent online gaming authority, providing trusted In the year 2000, she purchased the domain name bet365.com. British business leader Denise Coates is the highest-earning woman in Britain testament to the fact that the odds can sometimes be beaten. Mega Millions results: What happens if no one claims Mega Millions? Profits slumped 74 per cent to 194.7m, but the company said it had not cut staff pay or laid off employees as a result of the crisis. From humble business venture, Denise met with Londons capitalist elite to secure The tax . other hand, Denise acknowledges without irritation that people often assume Her mother and father live next door, and most people wouldnt believe a billionaire lived in the neighborhood if it werent for the security guards and Denises sparkling Aston Martin automobile (one of her few pleasures). She has topped the Sunday Times Tax List for three consecutive years, with her family paying around 481.7 million (approx. $593 million) in tax last year alone. Four of their children were adopted under circumstances that have never been made public. Despite The property is being erected on the site of a 1.4million country house, (Image: Foster & Partners / cheshireeast). The pair reportedly met at Sheffield University, where Coates gained a first class . Denise Coates Foundation Building (IC6), Keele, Newcastle-under-Lyme, Staffordshire, ST5 5NS. It isnt news that Bet365 generates a proportion of its revenues from Asia with China looming large in whatever that number might be. Coates The newspapers have made much of what they see as obfuscation on the companys part about the geographical spread of its revenues. Her income is primarily derived from her betting company, which she worked hard to establish in her youth. The dream estate is set in 52 acres of Cheshire parkland, Bet365 boss Denise Coates, 53, earned a whopping 469million last year, The plans also include sunken tennis courts, The lavish property is being designed by world renowned architectural design firm Foster and Partners, There is also a two-metre security fence around the property and round-the-clock security, Bet365 boss Denise Coates, 53, worked in betting shops before eyeing the online gambling market, In total Bet365 handed out 607million to senior managers, including Mrs Coates's brother John, who is co-chief executive, Happy Mondays star Bez launches own racing club, Denise Coates house: Bet365 boss building 90m mega-mansion as she rakes in UKs biggest ever salary of 469 million, Inside sinister rise of pink cocaine sweeping UK nightclubs as warring cartels battle to control 'Coca Cola of drugs', We live on Britain's WORST street - it's rife with drug addicts, crime & prostitutes we're terrified for our lives, Man 'naked and covered in blood' arrested before mum found 'murdered' at home as neighbours reveal hearing screams, Leicester 'explosion': Listen to massive 'sonic' boom that shook homes and rattled windows. D&B Business Directory HOME / BUSINESS . Denise discussed her low-key approach in one of the few interviews shes given over the years: I really dont enjoy the attention. Taking home a salary of 421 million (approx. The Coates family, who own Stoke City football club, are also Britain's biggest taxpayers. by Typhoon Haiyan in the Philippines, Funding for gynaecological equipment Denise Coates is a British entrepreneur who launched the online gambling behemoth Bet365. Denise recognized early on that Bet365 would need to take significant efforts to differentiate itself from its previously established online competitors. Denise enrolled at the University of Sheffield and studied Economics as her adolescence came to an end. o Medical Research and Development:1,332,000(2020: 1,649,000). 'We haven't had any offers from her otherwise I would be sitting in the Bahamas. This includes the local sports team, Stoke City Football Club, which is owned by Bet365. The 53-year-old founder and chief executive officer of Bet365 Group Ltd. pocketed 468.9 million pounds ($648 million) in pay and dividends, almost 50% . Denise Coates was paid 213mn in the year to March 2022, plus a minimum 50% share of a 100mn dividend . rubbish betting shops. Nevertheless, she soon became an effective catalyst for Others Named Denise Coates. In 2021, she took home a whooping 469m illion. For other inquiries, Contact Us. 'Our place is no good to her without the farm land which I believe stretches to where she is building. The paragraph from the annual report stating that a geographical analysis of turnover has not been given, as in the opinion of the directors, such disclosure would be severely prejudicial to the interests of the group, got special attention from the Guardian, for instance. Bet365 arose from the desire to bring these small betting shops online after witnessing the internets exponential rise. The Foundation's purpose is to distribute funds in support of local, national and international charitable activities, exclusively charitable according to the laws of England and Wales. Note: VirtualGlobetrotting is an entertainment website is and is not associated own catering firm, which focused on providing catering services to sporting The trustees assess how the proposal aligns to the Foundation's objectives in order to determine whether or not to award a grant. Today, the The gambling chief, 53, is developing a luxurious glass house set in 52 acres of Cheshire parkland. However, She has since added other houses and land. Investments can experience large swings in value so trustees may, in a particular year, decide to realise and spend part of their charitys capital or to invest part of its income. . The Bet365 offices in Stoke-on-Trent. Ms Coates is the UKs fifth richest businesswoman, trailing Marit and Kirsten Rausing, Charlene de Carvalho-Heineken, and Kirsty Bertarelli. Test yourself with this Cockney Rhyming Slang quiz. Former Tory leader Sir Iain Duncan Smith told the Mail: It's gross that anyone should pay themselves that amount of money in a single year. Mr Colcough refused to be drawn on whether a formal offer had been made to him. The Denise Coates Foundation bet365 House Media Way Stoke-on-Trent ST1 5SZ Tel: 0845 6000 365 (The Foundation does not advertise an email address.)
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