Family owners of Bet365 weigh up potential £9bn sale of gambling empire

Source of this Article 6 months ago 78

Exclusive: Company headed by Denise Coates holds talks with Wall Street banks about full or partial sale of assets

The billionaire Coates family behind Bet365 are weighing up a sale of their online gambling empire that could value the business at £9bn, the Guardian has learned.

The company, headed by Denise Coates, has held talks with Wall Street banks and US advisers in recent weeks about a full or partial sale, sources familiar with the matter said.

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