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High Reaching Revenues

Bet365 is a true gem in the online casino gambling and betting industry – the company is not only a long-standing and trusted brand, but they are also one of the fastest growing corporations in the UK. According to a recent article in The Times, Bet365 has made the list of the top 100 biggest private companies in the UK. The company’s annualized revenue has skyrocketed in the past decade, and its reputation in the online casino gambling industry only continues to grow, as does its base of loyal internet bettors.

Interestingly, Bet365 was once wholly associated with the land betting industry in the UK, but the popularity and surges in the online casino gambling industry were too enticing for the company to stay solely in land betting. As companies like Will Hill and Ladbrokes maintained a strong presence in land betting shops, Bet365 instead made a rapid assent into the increasingly competitive internet betting industry, which in 2000 was primarily dominated by online casinos. The company’s decision to launch into internet betting and gambling in addition to maintaining the land betting shops proved extremely lucrative and Bet365 was able to sell the land betting division of the company in 2005.

Gala Coral now operates all of Bet365’s land betting shops, but the quick entry into the online casino gambling and betting industry meant that Bet365 was able to benefit from the industry’s exponential growth in recent years. Annualized profits for the company are predicted to come in at GBP 1.815 billion for 2008 – meaning that the company most certainly dominates the UK online betting industry.