Bet365 is Among the UK’s Fastest Growing Business

Bet365 is Among the UK’s Fastest Growing Business

Written by: ava carson on 04/04/2012 16:10
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The online gambling company, Bet365 is number 30 on the list of UK’s fastest growing mid-size companies according to Investec Bank’s Hot 100. Companies are rated based on their annual growth rate in the last four years.

Investec stated that Bet365 has grown 46 percent per year and a whopping £501.4 million turnover by the end of March 2011.

Ed Cottrell from Investec said: "The 2012 Investec Hot 100 is a fascinating piece of research into high-growth businesses. Some sectors stand out as strong and downturn-resistant: information technology, outsourced services, which are taking up functions formerly held within government and large corporates, and niche and budget retailers, which cater to price sensitive consumers."

According to the Sentinel Bet365 has created more than 300 new jobs in the last 12 months alone and gamblers wagered £8.54 billion in bets in the year 27 March 2011 up £5.4 billion from the year before.

Bet 365 has a full range of online gambling including Bingo, Casino, Poker and Sports offering gambling for every type of player.

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