USD 550 million

Bet365’s profits soar

2014-07-16
Reading time 30 seg
(UK).- Bet365 reported an 81.5 percent year-on-year increase in operating profit during the 12 months ending March 31, 2014, reaching USD 550 million. Bet365 also reported a 38 percent year-on-year increase in revenue to USD 2.22 billion. In addition, Bet365 said its customers wagered more than USD 44 billion over the 12 months, a year-on-year increase of around 36 percent.

The company was also able to increase its number of employees by 12% to 2,686 within its betting and gaming operations.

Meanwhile, Bet365 founder Denise Coates has also announced that the operator has donated USD 180 million of its total yearly profit to the Bet365 Foundation.

Set up in August 2012, the Bet365 Foundation has so far supported 20 charities around the UK with their work in the UK and abroad.

Related topics:
Leave your comment
Subscribe to our newsletter
Enter your email to receive the latest news
By entering your email address, you agree to Yogonet's Terms of use and Privacy Policies. You understand Yogonet may use your address to send updates and marketing emails. Use the Unsubscribe link in those emails to opt out at any time.
Unsubscribe
EVENTS CALENDAR