A new charity worth £100 million has been launched by the founder of bet365, Denise Coates. The profits from 2013 were recently doubled by the company where the pre-tax figure in last year’s total is only £148 million compared to this year’s huge £319 million. Indeed, bet365 is a huge business. Despite losing £5 million as the Stoke City FC majority stake holder, they are still UK’s largest bookmaker casino online.
Coates was featured in Forbes magazine this year with £930 million though an even larger digit on Sunday Times was listed at £1.2 billion. The company that Coates and her brother started had the largest traffic with the World Cup this year through the online sportsbook.
Despite being new and just getting started, the bet365 foundation has already done major donations to the victims of typhoon Haiyan, Oxfam, the Douglas Macmillan hospice for cancer patients, and Cafod. They are also giving University scholarships and cultural activities which more and more people want to have. The online casino is indeed expanding and embarking on a new journey by giving back to the people who gave them huge success and for sure, they are going to unravel some new successes in the future for the good deeds they are doing.
It is certainly good to see a huge company help build a better world and the bet365 Foundation is surely going to have the best of luck in the future. Bet365 spans a wide range of platforms in gambling including bingo, online casino, poker rooms, sportsbetting and more. Also, the company pioneered some innovations in the industry and raised the bar higher for operators from around the world.
There are certainly a lot of people that will be reached by the help and charity work that the foundation is doing and many lives will be changed forever because of this.