Article 6TC17 Billionaire Bet365 boss takes a 45% pay cut despite soaring profits

Billionaire Bet365 boss takes a 45% pay cut despite soaring profits

by
Rob Davies
from World news | The Guardian on (#6TC17)

Denise Coates paid herself 150m in salary and dividends last year - far below the 466m she collected in 2020

Britain's highest-paid woman, the Bet365 billionaire Denise Coates, has given herself a 45% pay cut, receiving 150m in salary and dividends last year despite soaring profits at the online gambling company.

The Stoke-based business reported an increase in turnover from 3.4bn to 3.7bn last year, while also cutting costs and benefiting from a one-off gain on the value of its investments.

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