Issue link: https://maltatoday.uberflip.com/i/1514336
SYMBOL LAST CHANGE % HIGH LOW DOW JONES – US 33,561.80 -56.88 -0.17% 33,656.40 33,509.70 NASDAQ – US 12,179.50 +0.00 +0.00% 12,216.10 12,174.10 S&P 500 – US 4,119.17 -18.95 -0.46% 4,130.35 4,116.65 RUSSELL 2000 – US 1,749.68 -4.79 -0.27% 1,756.09 1,737.70 S&P TSX – CANADA 20,585.70 +0.58 +0.00% 20,599.00 20,455.50 IPC – MEXICO 55,452.70 +419.61 +0.76% 55,497.80 54,899.40 FTSE – UK 7,750.80 -13.29 -0.17% 7,778.98 7,750.37 CAC 40 – FRANCE 7,373.77 -23.40 -0.32% 7,416.32 7,373.20 DAX 40 – GERMANY 15,886.20 -69.32 -0.43% 15,980.80 15,884.00 FTSE MIB – ITALY 27,325.70 -57.80 -0.21% 27,476.40 27,324.70 MICEX – RUSSIA 2,524.31 -3.28 -0.13% 2,535.03 2,483.79 NIKKEI 225 – JAPAN 29,122.20 -120.64 -0.41% 29,195.20 29,070.10 SHANGHAI COMPOSITE – CHINA 3,319.15 -38.52 -1.15% 3,349.72 3,305.25 HANG SENG – HONG KONG 19,776.90 -90.64 -0.46% 19,880.00 19,696.60 NIFTY 50 – INDIA 18,249.10 -16.90 -0.09% 18,323.20 18,211.90 KOSPI – KOREA 2,496.51 -13.55 -0.54% 2,510.13 2,488.42 11.01.2024 7 MARKETS International Markets Global Indices Trading Date: 10 January 2024 FTSE 100 Daily Price Chart DAX 40 Daily Price Chart THE founder and boss of gambling company Bet365 earned a salary of around $281 million (£221 million) in the last fi- nancial year – ending March 26, 2023. e figure was de- scribed as not "sensible or proportionate" by one campaign group. Denise Coates, the joint-chief executive and majority share- holder of Bet365, also earned at least 50% of the company's $127 million (£100 million) in dividends on top of her $281 million salary, company accounts published on Sunday show. Her base salary is an increase of about $10 million com- pared to last year, even as Bet365 made pre-tax losses of around $77 million (£60.2 million). e company accounts attribute the losses to "a significant increase in costs associ- ated with entering into new markets." e size of Coates' salary – which makes her Britain's high- est-paid women and one of the highest-paid chief executives in the world, according to the BBC – has drawn criticism, particularly in light of the UK's cost-of-living crisis. "People deserve to be rewarded for innovation and success but there's a question of what's sensible and proportionate," Luke Hildyard, executive director of the High Pay Centre, said in a statement sent to CNN on Monday. "Nobody becomes a multi-billionaire in isolation from wider society. In this case, the wealth depends on money coming out of gamblers' pockets, the efforts of thousands of staff, plus wider factors like people having some disposable income, a secure and reliable internet network or all the in- frastructure that goes into staging sports events. "Ultimately, Britain's prosperity depends on how the wealth our economy generates is shared. Pouring hundreds of mil- lions of pounds more on top of billionaire fortunes every year isn't a good way to maximise living standards and it over-values the contribution that the super-rich have made." Bet365's latest accounts show that the company paid $127 million (£100 million) to the Denise Coates Foundation, which distributes funds to charitable activities across the UK and overseas. e Coates family was also estimated by the Sunday Times to be the UK's second-highest tax payer in 2023, contributing around $585 million (£460 million). According to Forbes, which estimates Coates' worth to be $7 billion, the 56-year-old bought the Bet365.com domain in 2000 and launched the website in 2001. Today, the company is headquartered in the city of Stoke- on-Trent, employs more than 7,500 people around the world, and attracts more than 90 million customers each year. Bet365 Group Limited also owns Stoke City Football Club, which is in the second tier of English soccer. Last year, the club incurred pre-tax losses of $15.8 million (£12.4 million). Bet365's CEO is Britain's highest- paid woman with $281 million salary Bet365 boss Denise Coates founded the gambling company in 2000