John Coates (businessman) explained

John Coates
Birth Name:John Fitzgerald Coates
Known For:Joint CEO of bet365
Joint chairman of Stoke City
Occupation:Businessman
Education:Bristol University
Nationality:English
Parents:Peter Coates
Relatives:Denise Coates (sister)

John Fitzgerald Coates (born January 1970), is an English billionaire businessman and the joint chief executive (CEO) of online gambling company bet365 and joint-chairman of Stoke City.

Early life

John Fitzgerald Coates was born in January 1970,[1] the son of Peter Coates, chairman of Stoke City F.C. and director of Bet365. He attended Bristol University where he studied Law.[2]

Business career

Coates started his career as a lawyer. In 2001, after selling some of their father's betting shops to large bookmaker Coral, his sister convinced him to join her in launching bet365.

Bet365

John and his sister Denise Coates[3] are co-CEOs of UK-based bet365, an online gambling company, of which he owns a quarter.[4]

Bet365 Foundation

John helped Denise set-up the Bet365 Foundation in August 2012 and it has donated £100 million[5] to 20 UK charities to help support projects at home and abroad.

Stoke City

In July 2015 Coates was appointed as vice-chairman at Stoke City F.C. where his father is chairman.[6] In September 2020, Coates was appointed as joint-chairman alongside his father.[7]

Personal life

He is married, with two children, and lives in Stoke-on-Trent.[2]

Notes and References

  1. Web site: HILLSIDE (LEISURE) LIMITED - Officers (free information from Companies House). beta.companieshouse.gov.uk. en. 2019-09-05.
  2. Web site: Forbes profile: John Coates . Forbes . 14 October 2020.
  3. Web site: Denise Coates: the hidden 24/7 woman behind Bet365. Bowers. Simon. 2012-06-08. the Guardian. 2016-05-14.
  4. Web site: More people became billionaires last year than ever before. Torrance. Jack. 2015-03-03. www.managementtoday.co.uk. 2016-05-14.
  5. Web site: Bet365's Denise Coates sets up £100m charity foundation. Bowers. Simon. 2014-07-11. the Guardian. 2016-05-14.
  6. Web site: Stoke City: John Coates appointed vice chairman. Spinks. Martin. 2015-07-02. Stoke Sentinel. en-GB. 2016-05-14.
  7. Web site: Board Announcement . Stoke City . 9 September 2020.