1,586
edits
Changes
Jump to navigation
Jump to search
=== 2000-2001: Launch of Bet365 ===
[[File:Denise_Coates.png|thumb|300px|right|Bet365 founder [[Denise Coates]] in 2018. Photographed by Felix Clay of The Guardian.<ref> [https://www.theguardian.com/business/2018/nov/24/meet-denise-coates-best-paid-bet-365 "Meet Denise Coates, the best paid woman in the world"], ''The Guardian'', November 24th, 2018. Retrieved on 2020-01-20</ref>]]
While other popular betting shops were slow to transition into the online market Denise Coates anticipated it's popularity. In January 2000 she purchased the Bet365.com domain name off eBay for £10,000. Her father mortgaged the Provincial Racing chain to receive a £15,000,000 loan from the Royal Bank of Scotland. That money was used to develop the software that the website would operate on. After over a year of preparations Bet365 went live on March 2001 with only 12 employees.