A Financially Sound Year for bet365

by John McCreary on 2016/09/24

The 12-month fiscal period ending on March 27 this year was quite prosperous for betting and casino operator bet365. The company’s operating profit was £456 million, £50 million more than the previous year. The total revenues were up by 5% and amounted to £1.55 billion. The sports betting turnover saw a 6% increase. Moreover, the company’s number of employees also rose, from 3,179 to 3,404. The company established a new satellite office Manchester with 70 employees. Bet365’s active customer basis reached 23 million. The company recorded investments of £125 million and their cash reserves exceed £1 billion.