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It appears to be replacing traditional betting. In Norwich, the number new gambling premises licenses handed out by the city council fell from nine in 2010 to just two this year, up to October. A Norwich man who works for a Europe-based online gambling website said while he believed there was a difference between a bet and a gamble, there were areas of the industry he felt uneasy with. You usually get two types of customer, ones who might spend a massive amount of money on Manchester United, generally quite good customers because they wont win much, and then those who will bet on small sports and find an edge to make money in other ways, he said. If you think someone is an idiot you will up their limit 10 times. Thats where there is a bit of an ethical issue.
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We were the ultimate gamblers if you like." List of Countries Where Gambling on Cricket is Legalised . She initially operated the online business out of a car parking of the betting shops. In 2005, the original chain of shops was sold and twelve years later the online gambling company bet365.com reported an annual revenue of 647 million. Today she runs the firm jointly with her brother John Coates and owns 50.01 percent of the company. Other family members in the company include her husband, Richard Smith, who is the group property director, and her father Peter. A few years ago, Coates and her husband adopted four girls from the same family and they also have a child of their own. The family lives in a farmhouse near Stoke-on-Trent. They bought it in 2013 for 1.3million. She prefers to keep her family out of media attention and limelight otherwise. Chinese Police Deploy Drones to Bust Gambling Gangs . She moved Bet365's headquarters to Gibraltar, a British overseas territory on Spain's south coast as it has favourable regulations to the gambling industry. But Coates' business has come under fire from netizens over her annual income.
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