Jump to content
nuuuitsjdragon

Bet365 CEO could have the highest Executive Pay in the World?

Featured Comment

From the news at Casino.org, the UK record for "Highest Executive Pay Packet" has just been broken by none other than Denise Coates, CEO of Bet365. 

Ironically enough, the record was set by herself back a year ago. The publicity-shy CEO paid herself $422 million in 2019, up from $287 million in 2018

-----

Coates’s hourly wage is at a staggering $212,000 for an average 40-hour work week.

To put this into perspective, Sheldon Adelson — the wealthiest man in the gaming industry and 21st richest man in the world — paid himself $26.1 million last year. Meanwhile, Tim Cook, CEO of the world’s most valuable company, Apple, received $12.8 million last year.

Even though Elon Musk was technically being “paid” $513 million, much of that was in stock options tied to performance goals and not cold, hard cash. 

With a rank of the 21st richest person in the U.K., there is backlash and criticism from many parties, concerned for the astounding levels of income disparity, even when comparing it to another person of similar standings.

-----

How do you guys feel about this situation? Feel free to propose some solutions! 😁

Share this post


Link to post
Share on other sites

That's pretty insane for sure! I think a lot of the reason that the other ceo's don't pay themselves as much is for tax reasons she's obviously got to take a huge tax amount out of that because she'll be paying about 45% tax in the UK on any salary above £150,000. That she does this must mean she's earning so much that she doesn't really care about tax avoidance, or she has already maxed out on what she can justifiably avoid! 

Share this post


Link to post
Share on other sites

Bet365 is one lf the largest sportsbook out there in gambling industry. It won't be surprising if she would be right up there amongst the top earners in the industry.

Share this post


Link to post
Share on other sites

She does. 

But i hate that company after bet365 became so famous always Ayers with big wins has troubles to cashout. And always cases at court with bet365

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Restore formatting

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


×