Bet365 Group | Has executive pay gone too far?

It was recently announced that Denise Coates CBE, the boss of gambling giant Bet365 Group was awarded one of the biggest pay packets in corporate history.

According to the BBC, it is believed that she took home a salary of £421million in the year ending March 29, 2021, while also earning £48million in dividends, taking her total pay to £469million.

Despite this eye-watering figure, the firm shared that the arrangements were “appropriate and fair”, despite sales declining within the business last year.

However, the campaign group the High Pay Centre has blasted Coates’ pay packet stating that it was “appallingly inefficient for single individuals to hoard wealth in this way”.