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Bet365 boss Denise Coates takes home £469 million in a single year

Bet365 gambling firm boss Denise Coates took home a £469 million pay packet in a single year.

The sum was made up of £421 million in pay and £48 million in dividends, according to figures filed at Companies House.

It made her Britain’s largest taxpayer for the second year running.

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Ms Coates, 53, started the business in the early 2000s after realising the potential of Internet betting.

She and her family, who are worth £7.166 billion, had a tax liability of £573 million last year.

Ms Coates, CBE, admits she could run the business offshore – saving vast sums of tax – but prefers to pay HMRC to fund public services.

The latest Bet365 company report also reveals that £85 million was given to the charity The Denise Coates Foundation – the same sum as the previous year.

 

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