Bet365 Group has ended the 2019-2020 fiscal period with £2.81 billion in revenue, down 8.2% from the previous year. Higher operational costs and the challenges raised by the COVID-19 pandemic hindered the online gambling operator’s efficiency.
Bet365 reported an 8% fall in revenue to £2.81bn for the 52-week period ending 29 March 2020, partly due to the cancellation of sporting events as the Covid pandemic took hold last year, on top ...
For the 52 weeks to 29 March 2020 revenue from the core Bet365 sports and gaming business fell 7.5% to £2.76bn. The operator noted that excluding the impact of Covid-19 in the final weeks of the reporting period, and taking into account the lack of a major football tournament, revenue from sports and gaming would have been up 2% year-over-year.
Gambling giant bet365 saw revenue fall by eight per cent to £2.8 billion in 2019/20. The latest financial accounts from the Stoke-on-Trent company - which owns a majority stake in Stoke City Football Club - revealed that both revenue and profit decreased in the 53 weeks to March 29, 2020.
Bet365's top competitors include William Hill, Gaming1 and SpringBok. See the full list of Bet365 competitors, plus revenue, employees, and funding info on Owler, the world’s largest community-based business insights platform.
bet365 has 3,486 employees at their 1 location and £2.86 B in annual revenue in FY 2018. See insights on bet365 including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft.
Bet365 is an online gambling company offering sports betting and casino type games. In addition to the company headquarters in Stoke-on-Trent, Bet365 have further offices in Manchester, Gibraltar, Malta, Bulgaria and Australia. The group employed over 4,000 people as of 2020.
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