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Bet365’s Denise Coates cements place as world’s best-paid woman with £320m payday

Last updated on 23/09/2020

Another bumper year for Bet365, one of the world’s dominant online bookmakers, will propel the 52-year-old even higher up the top ranks of Britain’s wealthiest people. She was ranked the 19th richest person earlier this year with a net worth of £6.9bn.

Despite being one of the biggest employers in Stoke and owning the city’s former Premier League football team, the Coates family has resolutely shunned the limelight.

However, Ms Coates  – who was last year revealed to be building a sprawling glass home in Cheshire complete with 7,000 square metre artificial lake, stables, walled gardens and cycle path –  has still come in for criticism over her pay packet.

Luke Hildyard of the High Pay Centre, a think tank, said: “Business success should be incentivised and rewarded, but a payment a fraction of this size would still afford a lifestyle beyond the wildest dreams of most people.”

Labour MP Carolyn Harris, who formed and chaired the all party parliamentary group on gambling-related harm in the last Parliament, said: “While gambling bosses continue to line their pockets, the victims of problem gambling still aren’t getting anywhere near the support they need.