One of the most popular names in the gambling industry, Bet365, could soon be looking for a new owner. According to a recent report by The Guardian, the Coates family, who are the founders and current owners of the company, are considering a sale that could value the business at £9 billion.
Bet365, headquartered in Stoke-on-Trent, has grown into one of the largest and most influential online betting operators, and a preferred place for millions of players worldwide.
The report suggests that while discussions are still at an early stage and no formal sale process has been launched, the owners are weighing various strategic options, including a full or partial sale. If this actually happens, it would represent one of the largest transactions in the gambling industry in recent years.
Source: The Guardian
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