J ohn Coates is a British businessman who serves as the joint-CEO of Bet365, one of the world's leading online gambling companies. He runs the massive enterprise alongside his sister, Denise Coates, who founded the business in a portable building in Stoke-on-Trent in 2000. While Denise is often credited with the technological vision, John has been instrumental in the commercial and operational side of the business, helping to scale it into a global brand with millions of customers.
Before joining the family business, Coates worked as a lawyer, a background that has served him well in navigating the complex regulatory landscape of international gambling. Beyond Bet365, he is deeply involved in professional sports as the joint-chairman of Stoke City Football Club, a team his family owns. His leadership has seen the club through various tiers of English football. His wealth is derived from his substantial quarter stake in Bet365, which remains a private, family-owned cash cow.
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John Coates is a British businessman, the self-made billionaire Co-CEO of Bet365, one of the world's largest online gambling businesses. He cofounded Bet365 with his billionaire sister, Denise Coates, in 2001.
The venture began after his sister sold some of their father's betting shops, and the company has since grown into a global player with over 53 million customers across 200 countries. He owns a quarter of the firm.
John Coates joined his sister Denise in 2001 to launch Bet365, transforming the family's betting shop assets into a massive online gambling enterprise. His structural contribution is tied to overseeing the rapid global expansion that saw Bet365 grow to over 53 million customers across 200 countries.
In July 2015, he became the Vice Chairman of the English Premier League's Stoke City Football Club, in which Bet365 holds a majority stake.
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Joins his sister to launch Bet365.
Becomes Vice Chairman of Stoke City Football Club.
Serves as Co-CEO of Bet365.
John Coates's wealth is concentrated in his substantial ownership of the private online gambling giant, Bet365.
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-0.03% | -$0.56M
-0.16% | -$4.37M
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