Founder of Bet365 contributes against coronavirus.
In the battle against the coronavirus, Bet365's founder, Denise Coates, has contributed a massive sum of £10 million (or approximately €11.3 million) to the UK's National Health Service (NHS). This act of generosity has been joined by other bookmakers such as William Hill, Ladbrokes, and SkyBet, who are collectively working to fund rescue packages. Furthermore, two British national lotteries have also joined this cause. Discover how these initiatives are unfolding in specific details.
£10 million for supplies
Under the umbrella of the "Denise Coates Foundation," Bet365's founder and co-CEO Denis Coates has contributed a sum of £10 million (around €11.3 million) to a regional charity of the British NHS. The funds are slated for the University Hospitals of North Midlands (UHNM) Trust, which has been putting in valuable efforts to contain the coronavirus pandemic. Both patients and staff at the Royal Stoke Hospital and UHNM's County Hospital in Stafford will reap the benefits of this grant.
According to UHNM Chief Executive Tracy Bullock, the funds will be utilized for various initiatives aimed at enhancing patient care and supporting the staff. Implementation will take place at the Royal Stoke Hospital and UHNM's County Hospital in Stoke-on-Trent, where Bet365's global headquarters are located. Bullock expressed through a BBC interview her observations that despite introducing new ways of working amidst the pandemic, some areas lacked effective technology, for which Coates' donation could make a substantial impact. A statement revealed:
"This investment will help fund programs and provide the latest technology to improve communication between clinicians, between clinicians and patients, and between patients and their families."
Time for urgent action
Denise Coates, acting as a trustee of the foundation, emphasized the pressing nature of the measures. Coates has been following the alarming news about the rising number of infected people and deaths. The apparent dissolution of many isolated patients devoid of their loved ones' comfort prompted her to act. She remarked:
"We believe that we must move forward and approach the UHNM to see what we can do to help. We are confident that the funding provided by the Trust will make a huge difference to the hospital, the staff, and the people of North Staffordshire and the surrounding area."
Coates founded the global giant Bet365 in 2000, commanding 50.1% of the company's shares. While she has previously attracted controversy over her higher-than-average salaries, her seemingly selfless efforts in this fundraising campaign could help pacify her critics.
Bookmakers show solidarity
The UK has reported over 61,000 cases of the potentially deadly respiratory ailment Covid-19. With more than 7,000 deaths, the pandemic has taken a significant toll on the nation. Despite the suspension of all sports events, which has heavily impacted the betting industry, British bookmakers are banding together to provide financial aid in the fight against the virus.
Early in the week, it was reported that a handful of leading bookmakers had decided to support the NHS. A total of £2.6 million (approximately €2.9 million) was generated from the winnings of the virtual Grand National 2020, with companies like Bet365, Ladbrokes Coral, Paddy Power Betfair, Sky Bet, William Hill, Betfred, UK Tote Group, and Betway participating in the cause.
Meanwhile, the Jockey Club, the UK's governing body for horse racing, announced plans to donate 10,000 tickets for the first day of the 2021 Grand National Festival to the NHS and social care sectors. The free tickets are intended for staff working in Merseyside - the locale where the Grand National conventionally takes place at Aintree.
The National Lotteries lend a helping hand
In addition to the bookmakers, the UK National Lottery has announced its intention to donate a whopping £300 million (approximately €335 million) to help stem the tide of the pandemic. Operator Camelot described this as the "largest non-government contribution to support the communities' battle against the coronavirus." CEO Neil Railton elaborated:
"Our players are making a huge difference every week. In doing so, we have raised over £40 billion for good causes. Now, as we face a major shared challenge, the National Lottery can play a greater role in supporting our communities than ever before."
Amid the hardships faced by the UK, the efforts of the bookmakers and national lotteries serve as a reminder of the spirit of unity and goodwill that can prevail during a global crisis.
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Source: www.onlinecasinosdeutschland.com
