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Author Topic: Bet365 just achieved a big milestone.  (Read 572 times)
fiulpro (OP)
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May 23, 2021, 01:43:07 PM
 #1

We were well aware of the fact how pandemic did change the whole society. How people instead of going outside had to find ways to entertain themselves at the comfort of their own homes. The casinos closed down and at the same time online casinos were making a move. New casinos joined in and most of them started gaining immense profits.
Government started raising taxes on the online crypto casino since they were actually able to get a lot of funds in and guess what ?
BET365 OWNER JUST MADE IT TO THE RICHEST 2021 LIST OF THE SUNDAY TIMES!!
https://www.gamblinginsider.com/news/11992/bet365-owners-make-top-20-in-sunday-times-rich-list-2021
Here is a little quote from there :
Quote
Just last month it was revealed that the founder and majority shareholder of Bet365, Denise Coates, earned a salary of £421m ($598m) for the year ending March 29.

She also earned dividends of £48m which took her total sum to £469m; the amount earned was thought to be the biggest pay cheque in British corporate history.

Her salary was 50% higher than the £277m taken in 2019; in 2020 she earned nearly £1.2m every day, according to the High Pay Centre this was more than every boss of a FTSE 100 company.


Well congratulations! What are your thoughts on this ?

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May 23, 2021, 02:00:37 PM
 #2

This is how gambling owners make money and turn rich. Is the owner have reached on the top list of the rich people of UK. Bet365 has years of history, and the reputation never declined. Soon we can expect cryptocurrency accepted gambling site owners getting listed on the top.

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May 23, 2021, 02:18:58 PM
 #3

This is how gambling owners make money and turn rich. Is the owner have reached on the top list of the rich people of UK. Bet365 has years of history, and the reputation never declined. Soon we can expect cryptocurrency accepted gambling site owners getting listed on the top.

Definitely, Cryptocurrency gambling is the future we have a lot of candidates to get into the list maybe next year, we can have one on the list the top contenders are Stake, Betfury Sportsbet we have at least twenty of the best Crypto gambling site and we have many gamblers shifting to Cryptocurrency.

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May 23, 2021, 03:53:02 PM
 #4

Not surprised though, every one that involves themselves in gambling as owners, partial owners will really earn tons of money. Plus the pandemic really magnify it, with gamblers getting online more than ever as traditional based casinos all over the world are closed.

There could be other owners of online casino's specially that started like in 2013 era that could be millionaires or even billionaires by this time.

And as you can see right now, there are crypto casinos being born like every year and trying to get a slice on this billion dollar industry. But it is a cutthroat business, if you don't adopt and improved your casino won't get that attention from gamblers. So it's not that easy to be an owner, and it takes time and money to succeed.

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cabron
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May 23, 2021, 04:04:10 PM
 #5

This is how gambling owners make money and turn rich. Is the owner have reached on the top list of the rich people of UK. Bet365 has years of history, and the reputation never declined. Soon we can expect cryptocurrency accepted gambling site owners getting listed on the top.

Definitely, Cryptocurrency gambling is the future we have a lot of candidates to get into the list maybe next year, we can have one on the list the top contenders are Stake, Betfury Sportsbet we have at least twenty of the best Crypto gambling site and we have many gamblers shifting to Cryptocurrency.

Bet365 isn't accepting cryptocurrency. The achievement that Bet365 got is only for the owner. I have not really gone there to gamble, many of the users I think don't have accounts on Bet365 for the reason is that it also ask KYC. And the more it will make it complicated if they accept BTC.  It would still be a milestone for them as well for crypto if they would just accept BTC.

The owner is a SHE? Whopping $598M I would die a million times I might not be able to achieve this. Congrats to Bet365! 

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May 23, 2021, 04:07:07 PM
 #6

My thoughts here don't get me wrong but the Pandemic really is a crisis that needs to have a solution because it causes a downward trend to the economy, but because of this pandemic face to face casino take a big hit on getting no profit at all, but for online casino's or online gambling this is a heaven for them this time of the pandemic is a blessing in disguise for them, not only online gambling but all online involve merchandise and deliveries have boomed in the time of Pandemic there are many companies shifting work from the office to work from home, an online transaction like cryptocurrency are now well-known because of the situation right now,

I think Bet365 is so lucky in the times like this and now getting millions of profit thanks to the pandemic, they should get a logan "Online is the new normal. "
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May 23, 2021, 04:29:50 PM
 #7

Well congratulations! What are your thoughts on this ?
I think in the future the people who are heavily involved in online gambling will be more depressed and lose their savings and run out of money.

Physical casinos and online casinos are very much different in terms of betting, here it is clear to the founders of online casinos that they have multiple incomes and profits.

Before the pandemic people preferred to play on the table, nowadays almost 90% of people are betting online gambling, of course if someone loses control of all the bets that are swallowed online, No wonder if in 2021 online gambling sites have mushroomed, entrepreneurs and investors prefer to create online gambling sites, big income.

R


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fiulpro (OP)
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May 23, 2021, 05:32:40 PM
 #8

Well congratulations! What are your thoughts on this ?
I think in the future the people who are heavily involved in online gambling will be more depressed and lose their savings and run out of money.

Physical casinos and online casinos are very much different in terms of betting, here it is clear to the founders of online casinos that they have multiple incomes and profits.

Before the pandemic people preferred to play on the table, nowadays almost 90% of people are betting online gambling, of course if someone loses control of all the bets that are swallowed online, No wonder if in 2021 online gambling sites have mushroomed, entrepreneurs and investors prefer to create online gambling sites, big income.

I am definately getting what you are saying but at the end of the day the gambling companies are investing in responsible gambling and such. We have various options to tackle probelms related to addiction. You can not only limit your account but you can also halt it temporarily. I do believe either way people are going to have probelms it all depends on you as a whole. Being responsible is something primary, you should not engage in gambling if you are weak with the money.

Other than that online casinos are like games and people tends to loose a lot fast ⏩ which needs immediate attention. People should always refer to websites aimed at helping such individuals.

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.BitcoinCleanUp.com.


















































.
.     Debunking Bitcoin's Energy Use     .
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...#EndTheFUD...
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May 23, 2021, 10:15:06 PM
 #9

Well congratulations! What are your thoughts on this ?
I think in the future the people who are heavily involved in online gambling will be more depressed and lose their savings and run out of money.

Physical casinos and online casinos are very much different in terms of betting, here it is clear to the founders of online casinos that they have multiple incomes and profits.

Before the pandemic people preferred to play on the table, nowadays almost 90% of people are betting online gambling, of course if someone loses control of all the bets that are swallowed online, No wonder if in 2021 online gambling sites have mushroomed, entrepreneurs and investors prefer to create online gambling sites, big income.

I am definately getting what you are saying but at the end of the day the gambling companies are investing in responsible gambling and such. We have various options to tackle probelms related to addiction. You can not only limit your account but you can also halt it temporarily. I do believe either way people are going to have probelms it all depends on you as a whole. Being responsible is something primary, you should not engage in gambling if you are weak with the money.

Other than that online casinos are like games and people tends to loose a lot fast ⏩ which needs immediate attention. People should always refer to websites aimed at helping such individuals.

unfortunately, very few are looking for ways on how to address their gambling addiction. they will only stop if something life-changing happens to them, otherwise, they will continue what they are doing. and that's on them. if you are a responsible gambler, you know your limits and know when to stop.
definitely, these gambling casinos want their players to play as much as possible. because that's their business. but they are not responsible on what you will become in gambling.
online gambling industry is one of the lucky industries that gained positive income during this pandemic. and i believe, it will continue in the next years to come as pandemic will not go away anytime soon.

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May 23, 2021, 10:53:04 PM
 #10

We were well aware of the fact how pandemic did change the whole society. How people instead of going outside had to find ways to entertain themselves at the comfort of their own homes. The casinos closed down and at the same time online casinos were making a move. New casinos joined in and most of them started gaining immense profits.
Government started raising taxes on the online crypto casino since they were actually able to get a lot of funds in and guess what ?
BET365 OWNER JUST MADE IT TO THE RICHEST 2021 LIST OF THE SUNDAY TIMES!!
https://www.gamblinginsider.com/news/11992/bet365-owners-make-top-20-in-sunday-times-rich-list-2021
Here is a little quote from there :
Quote
Just last month it was revealed that the founder and majority shareholder of Bet365, Denise Coates, earned a salary of £421m ($598m) for the year ending March 29.

She also earned dividends of £48m which took her total sum to £469m; the amount earned was thought to be the biggest pay cheque in British corporate history.

Her salary was 50% higher than the £277m taken in 2019; in 2020 she earned nearly £1.2m every day, according to the High Pay Centre this was more than every boss of a FTSE 100 company.


Well congratulations! What are your thoughts on this ?

Not really surprising, gambling sites gain a lot in this pandemic and the Bet365 has been operating for twenty years and the most reputable gambling site in the industry he takes the biggest slice in the industry, there are no serious complaints and they are one example of a gambling site that knows how to handle their players, there's a possibility that one or some of the gambling sites that are Cryptocurrency dedicated can get into the list, I'm sure it will not take long.


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May 23, 2021, 11:40:47 PM
 #11

This is how gambling owners make money and turn rich. Is the owner have reached on the top list of the rich people of UK. Bet365 has years of history, and the reputation never declined. Soon we can expect cryptocurrency accepted gambling site owners getting listed on the top.

Definitely, Cryptocurrency gambling is the future we have a lot of candidates to get into the list maybe next year, we can have one on the list the top contenders are Stake, Betfury Sportsbet we have at least twenty of the best Crypto gambling site and we have many gamblers shifting to Cryptocurrency.
I agree for Stake, while I think they don't need to wait till the next year because they are already a real top contender of the biggest fiat sportsbooks like Bet 365 IMO but I've never heard of Betfury sportsbet. Betfury has opened a sportsbook you mean? I haven't any account on betfury so I can't see how it looks through there and when I google it I don't get any relevant results. So it's a private sportsbook or it's still in beta version? Do you know where we can find some pictures of it?  

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May 23, 2021, 11:51:47 PM
 #12

It's a lucrative industry indeed.

Though, I think that traditional fiat sportsbooks and gambling sites in general will take a big hit as crypto continues to become more mainstream. I think I echo the sentiment of many people on the forum as well.

Companies such as Stake and Sportsbet are increasingly integrating into the mainstream, whilst offering convenient crypto deposits/withdrawals. Given the clunkiness of the KYC procedures and deposit delays for these fiat based sportsbooks, it'll be a matter of time before they become obsolete and archaic in nature.
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May 23, 2021, 11:51:56 PM
 #13

No wonder they make so much money if they ban winning players within days.

And 12 years later they still haven't deleted my personal data even though I closed my account in 2009.

I bet thats why I get so much spam, they sell this shit and never delete it. According to the terms they delete it after the minimum time requirement, well I doubt thats 12 years and counting.

I honestly hate this site and all the people behind it.
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May 24, 2021, 05:20:22 AM
 #14

This is how gambling owners make money and turn rich. Is the owner have reached on the top list of the rich people of UK. Bet365 has years of history, and the reputation never declined. Soon we can expect cryptocurrency accepted gambling site owners getting listed on the top.
There isn't a lot of crypto gambling clients for this companies to get in the top of the ladder. Maybe if more people get more curious with gambling using crypto, we might be able to see them but right now or in the next year, I don't think we are going to see it yet.

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May 24, 2021, 06:49:16 AM
 #15

This is how gambling owners make money and turn rich. Is the owner have reached on the top list of the rich people of UK. Bet365 has years of history, and the reputation never declined. Soon we can expect cryptocurrency accepted gambling site owners getting listed on the top.
There isn't a lot of crypto gambling clients for this companies to get in the top of the ladder. Maybe if more people get more curious with gambling using crypto, we might be able to see them but right now or in the next year, I don't think we are going to see it yet.

There are several crypto gambling sites here that also accept fiat, so they may enter in the top casinos also.
But I believe once these fiat gamblers discover the benefits of using crypto casinos, they may convert themselves into crypto gamblers.
However, for now, a lot of old timers I think, still prefer their old ways, using fiat.
Maybe another 5 years or so, we will see more popular crypto casinos as right now, there are already known crypto casinos, even here in the forum.
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May 24, 2021, 06:55:18 AM
 #16

That's business and she sure have earned a lot and that only indicates that her company, bet365 has earned a lot of profit during this pandemic. I wonder how much the taxes that she'll pay or have been deducted with her total salary. I'm guessing that it's also going to be a lot of taxes that will be lessened.

The owner is a SHE? Whopping $598M I would die a million times I might not be able to achieve this. Congrats to Bet365!  
Yup, she's a woman and that's making the women proud knowing that she had earned from her business which is very profitable that continuously running.

Definitely, Cryptocurrency gambling is the future we have a lot of candidates to get into the list maybe next year, we can have one on the list the top contenders are Stake, Betfury Sportsbet we have at least twenty of the best Crypto gambling site and we have many gamblers shifting to Cryptocurrency.
Yeah soon. We're going to see the owners of the known crypto casinos be on that list too. Can't wait for that moment to come so that the crypto community will have our representative and proud on that list.

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May 24, 2021, 07:41:41 AM
 #17

~

There are several crypto gambling sites here that also accept fiat, so they may enter in the top casinos also.
But I believe once these fiat gamblers discover the benefits of using crypto casinos, they may convert themselves into crypto gamblers.
However, for now, a lot of old timers I think, still prefer their old ways, using fiat.
Maybe another 5 years or so, we will see more popular crypto casinos as right now, there are already known crypto casinos, even here in the forum.
Maybe if the prices continue to go up and the next 5 years, crypto enters the mainstream, I think that we are going to see crypto casinos get in the top richest people in the country.

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May 24, 2021, 08:01:41 AM
 #18

Congrats to them, middle of pandemic and yet earning this much? I don't know if I should be worried or not for those who actually gave her the opportunity to earn that much. You can see just how much of a big of a difference it made before and after the pandemic for gambling casinos, a difference of around 50% in total simply shows how much of an improvement in the influx of users were actually made.
 
Maybe if the prices continue to go up and the next 5 years, crypto enters the mainstream, I think that we are going to see crypto casinos get in the top richest people in the country.
Prices don't even need to move or anything, gambling isn't that related to the market price of crypto imo. In the end, what people like about crypto casinos is the anonymity it provides (most of the time) plus maybe, fast transaction speeds on select coins.

R


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OFFICIAL PARTNERSHIP
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CryptocurencyKing
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May 24, 2021, 08:01:52 AM
 #19

It was only a matter of time before some gambling platform CEO actually get on the list of the world richest persons. Legalising and taxing gambling platforms was one of the best thing that ever happened to this sort of investment and its CEOs. Government are more about the funds they generate  as revenue than its effect in actual on the populace. Legalosing gambling gave individuals and gamblers the moral justification to gamble there funds away without being judged.

To have made this achievement actually tells as to how much gambling sites or platforms are profiting and the much money that goes into the system on a daily.
Bet365 CEO surely deserves this, with the lots of advertising he enables his company with across soccer stadiums, Google ads and others. This shows the power of advertising and the more signature campaigns should be engaged by companies.
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May 24, 2021, 08:20:53 AM
 #20

British Billionaire businesswoman is how she is described when I looked her up seeing this headline but was there not some kind of other news regarding this much earlier? Or maybe this is now official.

Happy to see gambling gain more prominence thanks to corona but maybe it is not so wise to get TOO prominent;)

Maybe she also becomes Bitcoin influencer after this;)

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