The Coates family is reportedly exploring a full or partial sale of bet365, or a possible IPO. Industry partner Paul Leyland said a transaction was not certain; the company was reportedly valued at about £9bn. The source gives no confirmation from bet365.
A potential sale or listing could change ownership of a major betting business, but remains unconfirmed.
The day’s most important stories, free. One email a day.
bet365 reported revenue of £4.04bn for the year ended 31 March 2025, up 9% year on year, while operating profit fell to £227.6m from £396.6m. The company said gaming revenue rose 25% and betting revenue increased 5%; direct costs climbed 30.5% to £896.5m, while administrative expenses rose by £324.7m. The results also included £130m in charitable donations, and analysts at Regulus Partners criticised the company’s growth and competitive position.
A Regulus Partners analyst said mitigation measures announced by major UK operators in response to tax increases would be insufficient, according to the report. The changes are scheduled to raise remote gaming duty to 40% from 1 April 2026 and general betting duty to 25% from 2027; reported mitigation figures include 37% for Flutter, 25% for Entain and 50% for evoke in FY27.
Amusnet Gaming agreed to launch more than 140 games across SkillOnNet’s brands in Ontario, Canada. The report also says bet365 added a Preferred Team feature to Incentive Games’ Tournament Challenge, Sparley Interactive signed a supply deal with B2Tech for African markets, and S Gaming secured a Swedish B2B licence.
Amusnet Gaming is set to roll out a series of games on SkillOnNet brands in Ontario under a new agreement. More than 140 of the supplier's titles are slated to appear on operator brands in the province, among them PlayOJO, GeckoPlay and SpinGenie.
Octoplay said its games have gone live with online casino operator MrQ in the United Kingdom. MrQ is the studio’s 13th operator partner in the market, according to Octoplay.
Octoplay is expanding in the United Kingdom after launching with online casino operator MrQ. In the market, MrQ is the thirteenth operator partner for Octoplay, which already works with names such as bet365 and evoke.
bet365 has expanded its French horse racing offering through a partnership with ZEturf, making pari-mutuel markets available on its website and app. ZEturf’s racing services will be integrated into bet365’s technology platform, according to the report.