bet365, an online sports betting company based in the United Kingdom, announced its new U.S. headquarters in Denver. The company’s office spans 120,000 square feet of newly renovated space at One Platte, 1701 Platte Street.
The Colorado Office of Economic Development and International Trade supports this expansion, which includes a performance-based job growth incentive tax credit of up to $14 million over eight years. The headquarters will house operations in customer service, trading, software development, technology and additional roles in marketing, legal, finance and human resources.
This move is set to significantly boost the local economy by creating nearly 1,000 new jobs. The company has plans to fill over 300 positions within the first year, leveraging Denver’s quality of life and culture of innovation to further its growth. The company currently employs more than 7,000 people across the globe.