Bet365 sold its betting shop chain in 2005 for £40 million to Coral and paid off its loan to RBS. The business borrowed £15 million from Royal Bank of Scotland against the family's betting shop estate which had been started by Peter Coates in 1974 and had been run by Denise Coates as managing director from 1995. Denise developed a sports betting platform and trading team to launch the business online in March 2001. and operations.īet365 was founded in 2000 in a portable building in Stoke-on-Trent by Denise Coates. īet365 is a trading name of Hillside (New Media) Ltd. The group employed over 4,000 people as of 2020. In addition to the company headquarters in Stoke-on-Trent, Bet365 have further offices in Manchester, Gibraltar, Malta, Bulgaria and Australia. It was founded by Denise Coates, who remains the majority shareholder and joint-chief executive, alongside her brother John Coates.īet365 is an online gambling company offering sports betting and casino type games. Business operations are conducted from its headquarters in Stoke-on-Trent, alongside a satellite office in Malta.
Its product offering includes sports betting, online casino, online poker, and online bingo.
Sports betting, online casino, online poker, online bingoīet365 is a British gambling company founded in 2000.