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Elsewhere in its report, the company noted staff numbers for the period rose to almost 6,100, up 🤶 from 5,400 in the prior financial year, meaning staff costs were also up. However, some of this was offset by 🤶 lower pay for directors, including chief executive Denise Coates — the company’s highest-paid director —, who received £213.4 million ($257.6 🤶 million), down by 16.5%.
Denise Coates, bet365 CEO
As for product development, investment in technology led to development with a specific focus 🤶 placed on trading platform capability. Specific novelties include website enhancements; the introduction of a new Golf product and updated visuals 🤶 within the Virtual Sports offering; the development of “Bet Builder” to introduce Rugby League, American Football and Australian Rules; the 🤶 extension of the Match Live product by adding two esports games, and more.
While the latest financial results may be somewhat 🤶 disappointing given bet365’s major scale, the company still has much to look forward to in its next financial year report 🤶 — especially given it will be impacted by the recent 2024 World Cup, expected to boost operations.
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