Key facts
- Shayne Coplan of Polymarket and Tarek Mansour of Kalshi are rivals in the prediction market industry.
- The competition between Coplan and Mansour is characterized by significant animosity.
- Denise Coates is the founder and joint CEO of the online gambling company bet365.
- Coates is recognized as one of the UK's highest-paid executives and the highest-paid female executive globally.
- Coates' net worth was estimated at £9.5 billion as of December 2024.
Shayne Coplan of Polymarket and Tarek Mansour of Kalshi are engaged in a fierce competition to lead the prediction market industry, a rivalry described as having "bad blood."
Separately, Denise Coates, the founder and joint chief executive of the online gambling company bet365, continues to be a prominent figure in business. Born in 1967, Coates holds a first-class degree in econometrics from the University of Sheffield and began her career working in her family's betting shops. She acquired the Bet365.com domain in 2000 and launched the online betting site in 2001, later selling the family's physical betting shops to Coral for £40 million in 2005 to clear a loan. As of 2016, bet365 was one of the world's largest online gambling companies. Coates owns approximately half of bet365 and is known for taking a significant portion of her income as salary. She was recognized as the highest-paid woman globally in 2018 and was the highest taxpayer in Britain from 2019 to 2022. In 2020, her salary was reported at £421 million. Coates also established the Denise Coates Foundation in 2012.
As of December 2024, Coates' estimated net worth stood at £9.5 billion.