Bet365 boss Denise Coates paid £270m

Denise Coates with her brother, John, and father, Peter
Denise Coates with her brother, John, and father, Peter

Denise Coates has maintained her position as one of Britain’s richest executives after receiving more than £270 million from her family’s gambling business.

The joint chief executive of Bet365, which is based in Stoke-on-Trent, collected total pay for the year to March of £270.7 million, an increase of 2.7 per cent on the previous year.

While her salary increased from £213.4 million to £220.7 million, a rise of 3.4 per cent, she also claimed a 50 per cent share of the dividend, which was unchanged at £100 million.

Coates, 56, started the online gambling business with her brother John in 2000. For many years she has been one of the country’s highest-paid bosses, collecting a UK record of £469 million during the pandemic as lockdown