Britain's richest self-made woman, Denise Coates, is considering selling Bet365 to potential suitors. Reports from the Telegraph say that
Britain’s richest self-made woman, Denise Coates, is considering selling Bet365 to potential suitors. Reports from the Telegraph say that
The 57-year-old billionaire has reportedly held discussions with Wall Street banks and advisers over a potential deal. Options under discussion include listing all or part of the business on a US stock exchange in the coming days.
The first of eldest daughter of Peter Coates, the chairman of Stoke City and a director of Bet365.
A full sale of the empire will make Denise £5bn super-rich. The betting company was established in Stoke-on-Trent in the year 2000, and Denise became the main boss after taking control from her dad.
Bet365 is one of the earliest online betting and gambling companies in the UK and has amassed immense wealth for the Coates family.
Denise’s father is super rich and stays in a 90M pounds mansion in Cheshire.
According to reports, Bet365 is gaining roots in the USA as they are operating in 13 states.
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