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International Business Times UK
International Business Times UK
Audrey Liza M. Nolasco

Britain's Richest Woman Announces 340 Job Cuts at Bet365 as Firm Hit by Higher Taxes and Regulatory Costs

bet365 Denise Coates Britain StokeonTrent
Bet365 announces 340 planned job cuts as higher taxes and regulatory costs put Britain’s richest woman’s gambling empire under fresh scrutiny. (Credit: Bet365 Ad/YOUTUBE SCREENSHOT)

Britain's richest woman, Denise Coates, is facing fresh scrutiny after bet365 announced plans to reduce its workforce by around 340 roles, with the gambling giant citing higher tax and regulatory costs alongside a highly competitive trading environment.

The announcement comes after Coates received a £104 million salary for the financial year ending March 2025, creating a striking contrast as hundreds of bet365 workers now face redundancy.

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