Bet365 returns to profit in 2023 24 FY despite Stoke FC losses

Providing historical data for up to 40 sports across more than 1,900 different tournaments, our Statistics Centre is truly an industry standard. One emerging trend is the increased use of artificial intelligence in predicting outcomes based on player stats. Data from various sources, including social media sentiment, can be utilized to refine statistical models further. Designed for sports bettors, Action Network offers real-time odds updates, expert picks, and advanced tracking features to monitor your bets and bankroll. Looking at the bottom line, profit before tax for the betting and gaming segment was £626.6 million. However, the Stoke City FC business suffered a £30.3 million loss, more than the £12.4 million loss it reported in 2023.

Let’s take an example like soccer or football predictions with odds from bet365. After that click on the desired bet365 casino match and see the stats for that match in relation with the tipster. That will help you in making a decision whether to bet or not at bet365 for that game.

Bet365 faced customer claims of up to £19.9 million during the reported period. Coates highlighted the operator’s commitment to safer gambling, noting it was ready for incoming regulatory changes in the UK, relating to the previous government’s gambling white paper. The filing noted that the Stoke City FC and facilities business had been delisted after the reporting period (8 July) and the estimated cost of that demerger was expected to be £118 million. Until the end of the latest version will be available for all sports featured in the 4.0 version. You can customise your Statistics Centre easily and completely in content, layout andgraphics, to perfectly fit your customer’s needs and demands. The company remains privately held, primarily under the ownership of the Coates family.

As technology continues to advance, the future of player statistics in sports betting looks promising. Enhanced analytics, machine learning models, and other technological advancements are expected to create even more accurate predictive models. Value betting involves identifying bets that have a higher probability of occurring than odds imply. By evaluating underperforming or overperforming players through Bet365 stats, bettors can uncover profitable betting opportunities. With Betradar’s Statistics Centre, your customers can access the most comprehensive statistical service the market has to offer.

BetBurger identifies arbitrage opportunities by scanning odds from various bookmakers. This tool is ideal for bettors looking to exploit price differences for guaranteed profits. “Our games product remained the focal point for housing the variety of game types available, as we continue our quality over quantity strategy,” said Coates. “Maintaining this level of performance can be attributed to a number of strategic initiatives across the different gaming products,” she added. On gaming, Coates said the segment remained “broadly flat year-on-year and in line with expectations given the strong prior period results”.

Canada also represents a crucial market for Bet365, particularly in Ontario, where it has smoothly transitioned to the onshore market and is now a leading operator in terms of sports betting revenues. The company’s international expansion has been a critical aspect of its growth strategy. Bet365 holds licenses in various jurisdictions, including the UK, Australia, Germany, Italy, Sweden, the Netherlands, and several US states such as Colorado, Ohio, and Virginia. Each market entry is meticulously planned, with extensive research and localization efforts ensuring the product meets the specific needs and preferences of local users.

Here are five top tools that can enhance your betting analysis and improve your chances of success. Enhancements were also made to their fantasy product, and new sports were added to the virtual sports offering, further enriching the overall customer experience. This strategic expansion into new US markets has significantly contributed to revenue growth and overall performance. The US market presents a sizeable opportunity for growth, and bet365’s strategic entry and successful product launches have positioned the company for continued success in this competitive landscape. There are various analytics tools available that can help you interpret player stats more effectively. Integrating these tools with Bet365’s stats can provide you with a more robust understanding of player performances over different contexts.

• That will help you in making a decision whether to bet or not at bet365 for that game.
• Bet365 has focused on improving localization in key markets, and optimizing in-house game content.
• With Betradar’s Statistics Centre, your customers can access the most comprehensive statistical service the market has to offer.
• Data from various sources, including social media sentiment, can be utilized to refine statistical models further.
• The operator also launched its first free-to-play game, offering daily prizes to customers.

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This article delves into the statistics and demographics of Bet365’s user base, historical growth, recent earnings, and market presence. While the gaming segment remains broadly flat year-on-year, the company acknowledged the challenges faced by its live casino product. This demonstrates the company’s commitment to innovation and enhancing its product offerings across all key segments. The company’s strong focus on technology and user experience continues to drive its growth. In the fiscal year 2023, Bet365 reported significant revenue growth, despite overall losses. The company generated revenues of £3.39 billion ($4.31 billion), marking a 19% increase compared to the previous year.

A bet365 prediction is a betting tip with available odds at a specific bookmaker, in this case bet365. This prediction can add value to your inspiration when placing a real bet at bet365. When using a prediction from any site, you must be sure that it has a verified history of the latest predictions. Bet365 was founded in 2000 by Denise Coates in North Staffordshire, United Kingdom.

Over the years, Bet365’s focus on product development and user experience has paid off. By 2013, around half of Bet365’s customers were accessing the company’s services on smartphones and tablets. This period also saw the establishment of a specialized R&D team dedicated to maintaining Bet365’s competitive edge.

US Expansion Fuels Growth

Despite these financial setbacks, Bet365 experienced substantial growth in its user base, with a 29% increase in new customers, although this was lower than the 48% growth seen the previous year. The company’s approach to maintaining a “quality over quantity” gaming experience has also been a key factor in its revenue growth. Bet365 has focused on improving localization in key markets, and optimizing in-house game content. Bet365 has solidified its position as one of the leading online gambling platforms globally. As of 2025, Bet365 serves over 80 million customers, offering a wide array of betting options including sports, casino, and poker.

It’s particularly useful for analyzing performance trends and making data-driven predictions. But the segment has been a “strategic priority” for Bet365 and during the reporting period it expanded its dedicated table games offering. A second exclusive live game show product was released, based on the in-house slot game Super Mega Ultra. The operator also launched its first free-to-play game, offering daily prizes to customers. Breaking down the business segments, betting revenue was up 11% during the 12-month period, boosted by key product improvements, new US launches and an additional week of trading on the year prior.

Bet365 provides live updates on player performance during matches, which is an invaluable feature for in-play betting. Understanding how a player is performing in real-time can significantly influence betting choices. For example, if a football player has consistently been scoring in previous matches, placing a bet on them to score in an upcoming match can be a wise decision.