Betting Firm Adds Denver HQ, 1,000 Jobs

bet365, a leading global online sports betting company, has opened its new U.S. corporate headquarters in Denver at One Platte, or 1701 Platte Street. The UK-based company expects to bring nearly 1,000 jobs to the Denver community. bet365 has taken 120,000 square feet at One Platte, occupying two full floors within the five-story, Class A office building between downtown Denver and the Highlands neighborhood. Prior to opening, the company completed a renovation of the space. 

The Colorado Economic Development Commission (EDC) approved up to $14 million in a performance-based Job Growth Incentive Tax Credit over an eight-year period for the company. These incentives are contingent upon bet365 meeting net new job creation and salary requirements.

Newmark Executive Managing Director Andrew Blaustein, along with Newmark’s Economic Incentives Advisory team, secured the tax incentives from OEDIT on behalf of bet365. 

bet365 has one additional U.S. office in New Jersey, as well as offices in the UK, Gibraltar, Malta, Australia, Colombia and Bulgaria.