Published
FinancialIndustry

Bet365 owners Britain's second-highest tax payers

Bet365 owners Denise, John and Peter Coates were Britain’s second-highest tax payers in 2018, according to The Sunday Times.

Bet3652019

The trio’s wealth for 2018 was reportedly £5.75bn ($7.57bn), with their tax bill reaching £156m for 2017-18.

Number one on the list were Stephen Rubin and family, who generated their wealth in the sportswear business and paid £181.6m in tax, with a 2018 wealth of £2.82bn.

One place behind the Coates family were Sir James Dyson and family, who operate in the household goods and technology sector; their 2018 wealth stood at £9.5bn, yet they paid £127.8m in tax for 2017-18.

The Coates family owns over 93% of Bet365, which paid UK corporation tax of £26.9m and awarded the family an £84m dividend in 2018.

Premium+ Connections
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
 
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium
 
Premium Connections
Consultancy
Executive Profiles
Mohegan Inspire
DraftKings
The Star Entertainment Group
Follow Us

Company profile: Growe Partners

Dominate the Sports Betting Affiliate Arena with Growe Partn...

Company profile: GR8 Tech

The sportsbook provider discusses turning sportsbooks into a...

Analysing sports betting data from the African Cup of Nations 2024

Sports betting supplier Betby provides Gambling Insider with...

LiveScore Group: Football’s changing relationship with fans

Gambling Insider delves deeper into LiveScore’s Evolution...

16 April, 2024

Global Gaming Awards Asia-Pacific 2024: Shortlist for Executive of the Year announced

The Shortlist for the only category recognising individuals rather than companies at this year’s Global Gaming Awards Asia-Pacific has been revealed.