Bet365 Sees Major Boost in Profits

Date Published: July 14, 2014

If you're a fan of online casino play, then you have to know about Bet365. They are one of the iconic brands in the Internet gambling world, and it's looking like they are doing better than ever. Their financial year from March 2013 to March 2014 showed a massive increase in profits, and this shows that their innovation and pushing forward is continuing to happen making them one of the best places for people to play no matter what kinds of games you like to play. This growth is harder to sustain than ever with so much competition out there, but they are able to do it.

Here are the raw numbers. For the 12 months before the end of March in 2013, they were able to do about £179 million in profits. The 12 months after that saw a huge increase to about £321 million. This represents an enormous increase of around 81.5 percent in total profits. What's increasing about this is that their revenues increased by 38 percent to a total of around £1.3 billion. While this is an enormous amount, what's really interesting about it is that their profits increased faster than their revenues when it's usually the other way around. This can be reflected by smarter hiring practices and other smart business moves.

Speaking of hiring practices, they saw a bit of a hiring surge during that two year period as well. There was a total of 2,686 employees at the end of March 2014 working for Bet365, and this was a 12 percent increase from the previous year. This goes to show that jobs are being created, and people are able to do better for themselves because of the work that Bet365 is doing. On top of that, they donated £105 million in the past year to charities in the United Kingdom and internationally in the past year.

Bet365 Casino is the online casino arm of Bet365, and you can tell that they are very serious about their online casino operation being one of the best in the world. They have all the best games thanks to titles provided by several software developers, and they are able to give out awesome promotions. They also have a big push towards the mobile sector, and that's the fastest-growing part of the online casino world. This shows that they are going to continue to be a force to the reckoned with in the future.

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