Online gaming operator Bet365 is to target further growth after recording a significant year-on-year increase in operating profit during the 12 months to March 31, 2014.
In its latest set of financial results, the operator reported sports and gaming operating profit of £320.9 million (€403.5 million/$550 million) in the last year, an increase of 81.5% on the £179 million it achieved in the previous year.
Bet365 also reported a 38% year-on-year increase in revenue to £1.3 billion.
In addition, Bet365 said its customers wagered more than £26 billion over the 12 months, a year-on-year increase of around 36%.
The company was also able to increase its number of employees by 12% to 2,686 within its betting and gaming operations.
Meanwhile, Bet365 founder Denise Coates has also announced that the operator has donated £105 million of its total yearly profit to the Bet365 Foundation
Set up in August 2012, the Bet365 Foundation has so far supported 20 charities around the UK with their work in the UK and abroad.
