Bet365 Company Information

Founded in 2000 Bet365 is a gambling website available in 17 languages and 29
currencies with a unique history and company structure. While
similar companies established in the UK have since moved
offshore for a lower tax, Bet365 is privately-owned and based in
Stoke-on-Trent (Staffordshire, England, UK) where each of the
owners was born and raised. They are one of the largest gambling
sites in the world–larger than the online divisions of both
William Hill and Ladbrokes. As background information, we will
introduce their owners and cover their history.

• Bet365 Company Information Sheet
• Bet365 Company Information
• Bet365 Company Information Form
• Bet365 Company Information System

Bet365 is the world’s leading online gambling company and a driving force in the development of enterprise and Internet technology. Established by Denise Coates CBE in 2001, we have rapidly grown into a global operation. We employ over 3,000 people and deliver an unrivalled online experience to more than 21 million customers in 18 languages. Bet365 annual revenue was £2.86 b in FY 2018. View bet365 stock / share price, financials, funding rounds, investors and more at Craft. Bet365 - Found 5k - 10k Employees, 9 Phone Numbers and 4 Emails. We use cookies in order to provide you with a better browsing experience. By continuing to use this website you agree to our use of cookies. Bet365 is an online gambling company that offers comprehensive inplay services for its clients. Number of employees. The following is an agreement between the relevant bet365 company referred to below, ('bet365', 'us' or 'we'), and you ('you'), which contains the terms and conditions that apply to all members of the bet365 affiliate programme ('Agreement').

Bet365 Ownership: The Coates Family

Bet365 is a family-owned business, 50.2% by
Denise Coates.
Her brother, John Coates, and her father, Peter, combined have
43.1% ownership; and the small remainder is taken by others. In
addition to the Bet365 betting website, the company owns an
84.4% stake in the English Premier League franchise Stoke City
FC, of which Peter Coates is the chair. As the story goes, he
was a bookmaker, and his daughter Denise headed up their online
expansion. While the origins of the site are vague, the story is
far more remarkable starting at the beginning with Peter Coates’
birth.

Peter Coates Bio

Peter Coates was born into poverty in 1938 in Stoke-on-Trent
(England, UK) as the youngest of 14 children. His father was a
miner and an avid fan of the local professional football team,
the Stoke City Potters. Peter left school at the tender age of
14 to work in an office, and perhaps made his father proud when
as a youth, he signed up to play with the Potters’ amateur team.
Not quite good enough to reach the highest level, he went on to
play football for the Goldenhill Wanderers and Kidsgrove
Athletic before giving up the sport in 1961 at the age of 23. He
then entered the service; and upon his release took a position
at Wimpy restaurants, where he reached the position of regional
manager.

Peter’s career as a businessman started in his late-twenties
when he founded Stadia Catering that provided catering services
to football grounds. Stadia merged with Lindley Catering in 1968
and Peter served as chair from 1968-2001. The confusion about
being a bookmaker comes from the fact that he was quite the keen
investor. He purchased a few betting shops in 1974 that would go
on to become the chain known as Provincial Racing, which through
future acquisitions grew to as many as 59 shops.

Provincial Racing was only one of many businesses tackled by
Peter. As mentioned, while owning these shops he was also chair
of Lindley Catering. Additionally, in 1983 he founded the radio
station Signal 1, and in 1989 he purchased a majority stake in
his favorite football club, Stoke City FC. He served as their
chair until 1997 before selling his shares in 1999 for £3.5
million. Peter didn’t stay away long! In May of 2006, Bet365
purchased back all the shares previously sold, and he resumed
the chair of Stoke City FC. As of today, he is currently listed
as the 25th richest man in football.

John and Denise Coates

John and Denise Coates are Co-CEOs of Bet365 and two of the
most private individuals you’ll find in the gambling business.
Neither acquiesced to a single full interview until 9-years
after the Bet365 website had been launched. From what can be
gathered from these interviews, while a teenager, Denise worked
as a cashier in one of her father’s betting shops–to him a
small side business to the catering company that serviced
football grounds.

After receiving a first degree in econometrics from a local
university, Denise became the operating manager of the betting
shop franchise. She describes it as a handful of rubbish shops
that she was up for the challenge to improve. Her brother, John,
has stated in various interviews that working alongside Denise
in the late 1990’s, he saw how fast she caught on to the growth
of online betting and heard her keep repeating “this is what
we’re going to do.”

Bet365 Goes Online

In January of 2000, Denise Coates purchased the domain name
Bet365.com from eBay for £10,000. At the time, she was working
as the managing director of her father’s betting shop chain
Provincial Racing. Curious timing how this all played out. Peter
had only months earlier sold his shares in Stoke City FC for
£3.5 million. He then mortgaged the betting shops, receiving a
£15 million loan from the Royal Bank of Scotland (RBS), which
was used to fund Bet365’s startup.

This was all happening at a time when Ladbrokes and William
Hill were entering the online arena with some hesitancy. The
much smaller franchise, Provincial Racing, and the Coates family
ownership were quick to go all-in, fully banking on the future
of Internet betting. With all work done from a portakabin, the
development was complete and Bet365.com went live in March,
2001.

The Original Bet365

The original Bet365 already was similar to what the company
is best known for today. Of course back in 2001, all online
bookmakers were accepting bets on horse racing; greyhounds;
English, Italian, German and Spanish soccer; and the major US
sports: football, basketball, baseball, and hockey. Bet365 took
it much further! Out of the gate, they offered odds on several
dozen additional soccer leagues as well as took bets on
athletics, bowls, boxing, cricket, cycling, darts, golf,
international basketball and hockey, formula 1, motorbikes,
NASCAR, pool, rugby, snooker, speedway, tennis, among other
sports. While today this sounds standard for a European
bookmaker, Bet365 was the first to have such an extensive
wagering menu. The idea was, by having so many markets and
leagues covered no matter where you live day or night, you’ll
always find bets on matches 24/7/365.

In addition to covering numerous leagues, the first version
of the website also included other features Bet365 is still
known for today. In fact, the famous channel 4/1 horse racing
offer–that can still be found today at www.bet365.com–was an
original promo since the start. Initially, they also offered a
£20 free sport bet and a $25 casino bonus. Today much larger
bonuses for casino and sports are offered.

Perhaps the biggest draw to the site was trust. The website
displayed the following message on scroll:

“Bet365 is a division
of bet365 Group Limited, a leading UK licensed betting and
gaming group since 1974. Bet365 handles over 250,000 wagers per
week. The group also operates 59 land based betting offices in
England.”

Back then, there were a lot of betting sites owned by
shady companies based in the Caribbean. Even William Hill was
operating their online division offshore. Their UK base was a
very unique selling feature that certainly helped ease players’
minds about the legitimacy of betting online with Bet365.

How Bet365 Grew Massively

Today, Bet365 has 6 million customers in more than 200
countries. They employ over 1,700 people, making them the
largest private employer in Stoke. As a private company,
financial statements are not public record. We do know, however,
that Denise Coates earned £37.5 million in dividends over the
past three years alone and had a 2011 salary of £4.5 million.
It’s reasonable to assume that Bet365 is one of the ten largest
private companies in the entire UK. So how did a family owned
business grow to be so large?

The answer is the same story of Peter Coates, born into
poverty in 1938, and months before Bet365 launched selling his
shares in Stoke City FC for £3.5 million. What Peter did was
save enough to start a catering business and then invested over
and over again. He purchased a few betting shops, added more,
purchased stocks, and started other businesses. Thus, the short
answer is that Bet365 grew massive by constantly investing
profits back into the business. In the next section, we cover
some of these investments.

Bet365 Poker

In November of 2004, Bet365 added online poker to accompany
their sports and horse race betting and online casino.
Originally, their poker room operated on the Microgaming
Network; but in early 2007, they made the decision to change to
the iPoker network powered by Playtech. Over the years, they’ve
sponsored a small handful of professional players. The most
noteworthy was Danish Poker Pro Jesper Hougaard, who they signed
after the 2008 World Series of Poker (WSOP). In June of 2012,
they became the first poker site on the iPoker Network to launch
Sprint Poker, a popular variant of fast play poker similar to
Full Tilt Poker’s invention of Rush Poker (and what PokerStars
later introduced as Zoom Poker). Today, a 100% up to $1,000 sign
up bonus is available at poker.bet365.com.

Bet365 Acquires Bowman Sportsbook

When it comes to the history of gambling sites, the oldest
both as a phone-in shop and online sportsbook is Intertops.
Otherwise, there weren’t many older than Bowmans.com purchased
by Bet365 in November, 2006. A little on their history: back in
1985, their founder, Gary Bowman, started American Football
Pools from Manchester, England. Equipped with a UK bookmaker’s
license, he became the first to legally offer phone-in betting
to the United States.

In April of 1997, he moved his business to the Internet using
the domain bowmans.com, which targeted several countries and was
the first online sportsbook to include an affiliate program.
Initially, affiliates were paid a percentage of a player’s first
three deposits. While Bet365 would stop servicing US players
around the same time they purchased Bowmans, this sportsbook did
have many non-US players, including many from the UK. Bet365
made the decision in 2007 to migrate Bowman accounts to Bet365
giving them an instant boost in player volume.

Bet365 Adds Bingo in 2008

In 2008 Bet365 added Bingo to their platform. This now
expanded the gambling offers to sports betting, horse race
betting, online casino, poker, and bingo from a single website
log-in with a centralized player bank. Different from their
sports product, the bingo site is a skin much like their poker
room. It is licensed by the Gibraltar Regulatory Authority and
powered by Playtech using software known as Virtue Fusion. Other
known bingo rooms that use the same software include PaddyPower,
William Hill, and Ruby Bingo. A key to their bingo marketing
success has been the sponsorship of the popular UK soap
Emmerdale. As of today, new Bet365 bingo players from the UK can
claim £25 free just by making a first time deposit of only £5.

Bet365 Adds Languages and Currencies

In 2004, Bet365 added dozens of currencies to their website;
and for the first time made non-English languages available.
Originally their website was translated into German, Italian,
Danish, Swedish, Norwegian, and Chinese. Over the years, this
has been expanded to include Spanish, Greek, Polish, Portuguese,
Romanian, Czech, and Slovak with limited Japanese and Russian
support. The available account currencies include EUR, CZK, GBP,
USD, CHF, DKK, HKD, HUF, JPY, RON, THB, SGD, SEK, ZAR, ISK, MYR,
MXN, NZD, NOK, PLN, TWD, INR, CHF, CNY-RMB, CAD, ARS, AUD, BRL,
and BGN.

Mobile Betting, Live Betting, Streams, and Vast Markets

Bet365 truly became as massive as they are today by
constantly investing in the latest innovations and expanding
their markets. In 2005, they sold their 59 betting shops to
Coral for £40 million and began to focus exclusively on Internet
business. From here Bet365 has been near first, and perhaps
best, with all online betting innovations. Their mobile betting
platform is extremely versatile and works with Blackberry,
iPhone, iPad, Android, Nokia, and most other devices.

The Bet365 betting markets are truly second to none. Here
you’ll find betting opportunities on all major US and European
sports leagues plus hundreds as remote as Latvia Virsliga
women’s floor ball and English Super8 volleyball. Their
specialty is live in-play betting, and many matches are streamed
right from their website accompanied by menus featuring match
winners and dozens of propositions.

Bet365 Company Information Sheet

To conclude, it is worth mentioning the significance of the
fact that Bet365 remains based in Stoke. Most competitors
operate from low-tax districts such as Isle of Man, Gibraltar,
Alderney, Malta, or the Caribbean. In a 2012 interview, Denise
Coates stated,

“Why Stoke? It’s a simple answer: it’s where I’m
from. We began in a portakabin on a car park near one of the
betting shops. It’s to a large extent an accident of birth. As
to why we have stayed here when every other major competitor is
based in a lower tax jurisdiction, that’s a more difficult
question to answer logically.”

Denise went on to explain that her family is what has been
most important to her and how she hated to travel away for
business if she could afford not to. While some of the logic is
mysterious, there’s 1,700 people employed in the city benefiting
from Bet365 remaining regional. Also, as a result of the
profound commitment to keeping such a massive business local,
and for his contributions to local football as well, Peter
Stokes has been granted an honorary degree from Keele
University. This came in 2011–not bad for a man who left school
at the age of 14 to go to work.

Perhaps the story of Bet365 would be told differently if any
of their business dealings had the slightest bit of shadiness.
However, Bet365 has always paid players very fast while
providing great customer support. It is a unique gambling site,
and it is well worth opening an account. Considering the
plethora of bonuses available at Bet365.com, there’s no reason
not to give this remarkable Stoke-based company a try.

Bet365 History Summary

• Founders:
  • Peter Coates
  • John Coates
  • Denise Coates
• In 2000 Bet365 goes online
• In 2004 started to offer poker online
• In 2005 decided to focus only on internet business
• In 2008 they added Bingo to their network
• In 2011 started to push mobile betting

Updates

• In July 2014 Bet365 recorded a significant year-on-year
  increase in operating profit. In the 12 month period ending
  March 31, 2014, the company made profits of £320.9 million.
  This represented over an 80% increase on the previous 12
  months profits of £179 million. Total revenue had increased
  by nearly 40%, to £1.3 billion, based on customer wagering
  of over £26 billion.
• Also in July 2014, Bet365 founder, Denise Coates,
  announced that £105 million of those yearly profits was
  being donated to the Bet365 Foundation to support charities.
• In 2017, Denise Coates became the highest paid executive in UK with her £217m salary.
• In May 2018, Bet365 decided to increase their presence in Malta due
  to regulations in various jurisdictions. But they keep a strong commitment to Gibraltar.
• Bet365 is one of the first bookmakers to offer esports betting

Thanks to the enormous and amazing bonus offer that the Bet365 betting site has for its clients, we can consider this platform to be number one in India. Here are some other reasons why players get registered at Bet365 company:

1. The company offers not only sports betting, such as cricket and football matches and tournaments, but also eSports, cs go, Dota 2, as well as IPL and others.
2. Clients can get all of their questions answered thanks to the live chat.
3. Secure and responsible contact company.
4. There is not only the betting site but also a great app that can be easily downloaded on IOS/Android mobile devices to play games. You can use it to watch legal live streaming.

The biggest advantage of it is also that the company provides a great bonus offer code for newly registered players. Moreover, the registration process is very simple and you can get great coupons along with promo code. You will only need to type in all of the personal information on the one-page registration form and all of the required details. That is all. Just as simple as
that you can become one of the most valuable Bet365 players.

To get the Bet365 new client’s bonus and the first deposit bonus code you need to make a deposit with the required cash minimum, enter the bonus code and place the desired bet. Only after you should go to the My Offers compartment and claim your bonus. In such a way you will be able to get up to £100 in your bonus account. The amount of the bonus directly refers to the amount of your first deposit. Usually, everything goes smoothly and trouble-free.

How Can I Use the Bet365 Joining Bonus Code?

Not everyone can get the Bet365 bookmaker joining bonus code. Here are some of the requirements that you need to fulfill in order to receive the mega 2020 bonus:

• Be a newly registered user.
• Place the minimum of £5 limit or more deposit.
• Claim the bonus within 1 month from your registration.
• Place bets with the bonus cash and win them.

These are not the only requirements. The bet that you place also needs:

• To contain at least one bet with odds higher than 1.50.
• If you have edited your bet, the new stake will be applied.
• Bets placed through your phone will not count.
• If your account is inactive for more than 90 days, all of your bonus credit will be lost.

Bet365 Sign up Bonus Code – FAQ

Bet365 Company Information

The BIGBET bonus code for 2020 of the Bet365 betting website is strictly for new users. This welcome bonus gives you the possibility of achieving 15% of your 1st deposit, as well as up to $100. To be qualified for this bonus offer, all that you need to do is get registered, log in, make a deposit and place a bet. Consider the bonus cash already in your hands.

Bet365 Company Information Form

You may begin to ask: ‘How can I get registered with the bonus promo code?’. Well, it is very easy. Just follow these steps:

Bet365 Company Information System

1. Get redirected to the official webpage of the Bet365 betting platform.
2. Look for the “Join Now” box. It is usually located at the top right-hand corner.
3. Select your native country of residence.
4. Type in all of the required information and payment details. Make sure that the credit card that you provide is true.
5. Create your password and username.
6. Complete the registration process by clicking on the “Join” button.