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Bet365 Has Solid Financial Year

UK based online sportsbook Bet365 has released its full year results, with impressive numbers showing that the company's online operations are larger than Ladbrokes and William Hill combined.

Financial and organizational highlights released were:

  • Takings increased 22% for the year to March 31st, to £501 million

  • Bets were up 58%

  • Group pre-tax profit of £91 million, even after taking losses in its majority stake of Premier League football club Stoke City, which doubled to £7.4 million

  • Online betting and gaming profits in Gibraltar and Soke City stayed flat at £93.7 million, with turnover of £439 million

  • Bet365 now employs more than 1,400 people

  • Bet365 is the last major online sportsbook based in the UK

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