Group Is A Uk Based Gambling

905 WordsOct 29, 20154 Pages
Bet365 Group is a UK based gambling concern with a headquarters in Stroke on Trent. The business leads the pack when it comes to online gambling their products are available to around 200 countries with more than eighteen million clients. Bet365 does this by offering a variety of outlets such as poker, video streams for sporting events, casino, sports betting, and bingo. Bet365 was established by Denise Coates in 2000. Mrs. Coates had gathered a team and created a betting platform going online in 2001.The gambling industry ran in the family and Denise was managing director of her family’s betting shop starting in 1995 giving her a firm base in the business. Bet365 Group makes sure to meet the regulations Gibraltar Gambling has to uphold their license. The company also maintains offices in Australia and Gibraltar. The service try’s to maintain diversity by providing there services in more than sixteen languages. Bet365 started off by opening some of its own betting shops in addition to the online work. In 2005 the company sold off that portion of the company for around forty million dollars. Using these funds the business paid their debts and reinvested in themselves. As of 2012 Bet365 has grown to be one of the top online companies in the gambling industry. After taxes and costs the company is currently running with a profit of over 115 million pounds. The company does pay all required taxes applicable to the business. Bet365 is considered an example to look up to, a sign
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