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Bet365 owners now worth GBP2.35 billion
Monday April 27,2015 : ONLINE CASINO OWNERS' FORTUNE ALMOST DOUBLES
Latest Sunday Times Rich List shows that Bet365 owners now worth GBP2.35 billion.
The latest UK Sunday Times Rich List has revealed that father and daughter Peter and Denise Coates, owners of the Bet365 online casino and sports betting group, have almost doubled the family fortune, growing it GBP 1.15 billion to GBP 2.35 billion - an increase of 96 percent.
The duo climbed from 78th on the list of the UK’s wealthiest to 44th this year after their online gambling group posted an 81.5 percent surge in profits to GBP 320.9 million in July 2014.
But they are not the wealthiest gambling providers on this year's list - former Rational Group-Pokerstars owner Mark Scheinberg is listed at GBP 2.76 billion, and Betdaq founder Dermot Desmond is worth GBP 1.47 billion.
Fred and Peter Done of Betfred have made the billionaire list this year, followed by BetVictor owner Michael Tabor on GBP 600 million, David Power of Paddy Power with GBP 236 million, and Betfair founders Ed Wray and Andrew Black on GBP 222 million and GBP 135 million respectively.
From a more general perspective, this year the top 1,000 rich folks list (you'll need a cool GBP 100 million fortune just to get on to it) have a combined wealth of over GBP 547 billion... more than double what it was a decade ago despite the world's trials and tribulations.
There are 117 billionaires this year - up from 104 last year, and King of the Castle is London-based Ukrainian businessman Len Blavatnik, whose empire includes the Warner Music Group, who has a fortune estimated at GBP 13.17 billion... up by three billion on last year.
Sri and Gopi Hinduja placed second, despite their fortune rising by GBP 1.1 billion to GBP 13 billion.
Third are Galen and George Weston and family, who run a retail empire that includes Selfridges and Primark; their fortune grew GBP 3.7 billion to GBP 11 billion.
Past list leader Lakshmi Mittal, whose wealth lies in steel, lost GBP 1.05 billion over the year to end up lower down the the list with GBP 9.2 billion, whilst Russian oligarch and Chelsea FC owner Roman Abromovich found himself GBP 1.23 billion poorer on GBP 7.29 billion.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
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