bet365 Selects Denver as New US Headquarters
Announced by the Colorado Office of Economic Development and Governor Jared Polis on Monday, this marks a significant step for the British-based company as it expands its presence in the U.S. market.
Global sports betting giant bet365 has chosen Denver as the location for its new U.S. headquarters, a decision set to bring close to 1,000 jobs to the region. Announced by the Colorado Office of Economic Development and Governor Jared Polis on Monday, this marks a significant step for the British-based company as it expands its presence in the U.S. market.
The new offices, located at One Platte on Platte Street, currently house around 50 employees, but bet365 plans to grow quickly. The company expects to add more than 300 employees within the first year, covering roles in technology, marketing, legal, and customer service.
Governor Polis expressed his excitement about the company's expansion into Colorado: “We are thrilled to welcome bet365 and nearly 1,000 jobs to Colorado and congratulate them on the grand opening of their new U.S. headquarters here. bet365 will create nearly 1,000 new good-paying jobs and as many as 300 this year that will help Coloradans earn a good living and support their families.”
To support the expansion, bet365 will benefit from up to $14 million in performance-based job growth incentive tax credits, approved by the Colorado Economic Development Commission. These incentives are spread over an eight-year period and are contingent on the company meeting specific job creation and salary targets.
Raymond H. Gonzales, President of the Metro Denver Economic Development Corporation, emphasized the importance of the move:
“With the aid of OEDIT’s incentives investment, this project will not only create up to 1,000 high-quality jobs but also solidify Denver’s reputation as a hub for innovation and business. We look forward to the lasting impact this partnership will have on our community, driving both economic opportunity and vibrancy for Denver’s downtown for years to come.”
Founded in 2000, bet365 operates globally, employing over 7,000 people across its various locations. This Denver expansion is expected to have long-term benefits, further establishing the city as a center for growth and opportunity.
