5th of April 2012 Author: Ava Jackuard
Bet365 has been recognized among the fastest growing mid-size private companies in the United Kingdom. Bet365 comes in at number 30 on the Investec Bank's Hot 100, which bases their list on company growth over the course of the previous four years. Average growth is 46% per annum with revenue at £501.4 million as of the year ending March 2011.
"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', said Ed Cottrell, of Investec.
In 2011, punters wagered £5.4 billion more than in 2010. According to reports, the company run by Peter Coates, Stoke City Chairman, has made over 300 jobs available in the past year and currently employs approximately 1,700 people.
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