#1380
John Coates
Overview
- Source of Wealth
- Online gambling
- Industry
- Gambling & Casinos
- Residence
- Stoke-On-Trent
- Marital Status
- Married
- Children
- 2
Biography
John Coates is the co-CEO of U.K. company Bet365, one of the world's largest online gambling businesses.
He joined his billionaire sister and co-CEO, Denise, in 2001 to launch Bet365 after she sold some of their father's betting shops.
Bet365 has since become a global player, with over 53 million customers across 200 countries; John owns a quarter of the firm.
In July 2015, he became the vice chairman of English Premier League's Stoke City Football Club, in which Bet365 has a majority stake.
About
Coates studied law at Bristol University and started his career as an attorney.
Bet365 handles more than $65 billion of bets a year.