{"id":4612,"date":"2018-11-21T12:27:57","date_gmt":"2018-11-21T12:27:57","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/uks-highest-paid-boss-sees-pay-rise-to-265m\/"},"modified":"2018-11-21T12:27:57","modified_gmt":"2018-11-21T12:27:57","slug":"uks-highest-paid-boss-sees-pay-rise-to-265m","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/uks-highest-paid-boss-sees-pay-rise-to-265m\/","title":{"rendered":"UK\u2019s highest-paid boss sees pay rise to \u00a3265m"},"content":{"rendered":"\n
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\"DeniseImage copyright<\/span>
\n WPA Pool<\/span><\/p>\n

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Image caption<\/span>
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\n Denise Coates was awarded a CBE in 2012 for services to the community and business
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The UK’s best-paid boss, co-founder of online gambling firm Bet365 Denise Coates, has just received another bumper pay rise.<\/p>\n

The firm’s accounts<\/a> show compensation, for the firm’s “highest paid director” rising to \u00a3265m including dividends.<\/p>\n

That was \u00a348m higher than the total she received last year as the popularity of online gambling continues to grow. <\/p>\n

However the industry is facing mounting criticism<\/a> for not doing enough to deal with problem gambling and addiction.<\/p>\n

The privately held company is owned jointly by Ms Coates and members of her direct family, including her brother John who is joint chief executive and her father Peter, the firm’s chairman. Last year Ms Coates’ pay and dividends were reported to total \u00a3217m. <\/p>\n

In the year to the end of March her basic pay rose from \u00a3199m to \u00a3220m. The firm paid out \u00a390m in dividends in the same year, half of which are thought to have gone to Ms Coates, as the owner of half of Bet365’s shares.<\/p>\n