{"id":65342,"date":"2025-05-01T11:40:56","date_gmt":"2025-05-01T11:40:56","guid":{"rendered":"https:\/\/gaming-awards.com\/NEWS\/?p=65342"},"modified":"2025-05-01T11:40:56","modified_gmt":"2025-05-01T11:40:56","slug":"bet365-reported-to-be-up-for-sale-at-9-billion","status":"publish","type":"post","link":"https:\/\/gaming-awards.com\/NEWS\/bet365-reported-to-be-up-for-sale-at-9-billion\/","title":{"rendered":"Bet365 Reported To Be Up For Sale At \u00a39 Billion"},"content":{"rendered":"<div id=\"attachment_45110\" style=\"width: 200px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-45110\" class=\"size-medium wp-image-45110\" src=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2021\/04\/Denise-Coates-190x300.jpg\" alt=\"\" width=\"190\" height=\"300\" srcset=\"https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2021\/04\/Denise-Coates-190x300.jpg 190w, https:\/\/gaming-awards.com\/NEWS\/wp-content\/uploads\/2021\/04\/Denise-Coates.jpg 615w\" sizes=\"auto, (max-width: 190px) 100vw, 190px\" \/><p id=\"caption-attachment-45110\" class=\"wp-caption-text\">Denise Coates could be in line for a bumper sale.<\/p><\/div>\n<p style=\"text-align: left;\">The Coates family, behind the explosive success of Bet365, is reportedly contemplating the sale of their business empire, which is valued at approximately \u00a39 billion, according to multiple reports in the media.<\/p>\n<h4 style=\"text-align: left;\">Overview of Bet365&#8217;s Growth<\/h4>\n<p style=\"text-align: left;\">Founded in 2000, Bet365 has evolved into a global powerhouse in the online gaming industry. Under the leadership of CEO Denise Coates, the company has expanded its reach significantly, particularly in the United States, where it has secured licenses in multiple states following the legalization of sports betting in 2018.<\/p>\n<p style=\"text-align: left;\">Bet365&#8217;s financial trajectory has been impressive, with the company generating substantial revenues and profits. The Coates family, particularly Denise, has benefited immensely from this success, reportedly earning over \u00a32 billion in salary and dividends since 2019.<\/p>\n<h4 style=\"text-align: left;\">Exploring Sale Options<\/h4>\n<p style=\"text-align: left;\">Recent reports indicate that the Coates family has engaged in discussions with U.S. banks and financial advisors to evaluate various options for the future of Bet365. These discussions have entered what is known as the &#8220;beauty parade&#8221; phase, where investment banks compete to provide advisory services for the potential sale.<\/p>\n<h4 style=\"text-align: left;\">Potential Sale Structures<\/h4>\n<p style=\"text-align: left;\">The Coates family is contemplating several sale structures, including a full sale of the business or a partial sale to a private equity firm. In the latter scenario, the family would retain a stake in the company, allowing them to benefit from future growth while also providing liquidity. This approach could serve as a strategic move ahead of a potential public listing on the U.S. stock market, which is increasingly attractive given the rising interest in gaming investments.<\/p>\n<h4 style=\"text-align: left;\">Implications for the Gaming Industry<\/h4>\n<p style=\"text-align: left;\">While the potential sale of Bet365 could yield significant financial rewards for the Coates family, it may also have broader implications for the British sports landscape. Bet365 has been a substantial sponsor of horse racing and greyhound racing, and any changes in ownership could affect the level of financial support these sports receive.<\/p>\n<p style=\"text-align: left;\">The U.S. gaming market presents a lucrative opportunity for Bet365, and the company&#8217;s recent moves suggest a focus on appealing to American investors. By withdrawing from the Chinese market and transferring the management of Stoke City Football Club to Denise&#8217;s brother, John Coates, the family appears to be positioning itself for a more significant presence in the U.S.<\/p>\n<p style=\"text-align: left;\">Denise Coates has been instrumental in Bet365&#8217;s success, her 58% stake in the company shows her significant influence over its direction, she is also the highest-paid woman in Britain.<\/p>\n<p style=\"text-align: left;\">As Denise approaches her 60th birthday, the potential sale of Bet365 could mark a significant turning point in her career. The decision to explore a sale may reflect a desire to secure the family&#8217;s legacy while also capitalizing on the company&#8217;s current valuation.<\/p>\n<p style=\"text-align: left;\">The Coates family&#8217;s contemplation of a potential sale of Bet365, valued at \u00a39 billion, has generated considerable interest within the financial and gaming sectors. As discussions with financial advisors progress, the implications of this decision could reverberate throughout the industry. Whether the family opts for a full sale, a partial sale, or a public listing, the outcome will undoubtedly shape the future of Bet365 and its role in the global gaming landscape.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Coates family, behind the explosive success of Bet365, is reportedly contemplating the sale of their business empire, which is valued at approximately \u00a39 billion, according to multiple reports in the media. Overview of Bet365&#8217;s Growth Founded in 2000, Bet365 has evolved into a global powerhouse in the online gaming industry. Under the leadership of [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":23744,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4,11,3,8],"tags":[],"class_list":["post-65342","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-europe","category-headlines","category-igaming","category-latest"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Bet365 Reported To Be Up For Sale At \u00a39 Billion - iGaming Post<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/gaming-awards.com\/NEWS\/bet365-reported-to-be-up-for-sale-at-9-billion\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bet365 Reported To Be Up For Sale At \u00a39 Billion - iGaming Post\" \/>\n<meta property=\"og:description\" content=\"The Coates family, behind the explosive success of Bet365, is reportedly contemplating the sale of their business empire, which is valued at approximately \u00a39 billion, according to multiple reports in the media. Overview of Bet365&#8217;s Growth Founded in 2000, Bet365 has evolved into a global powerhouse in the online gaming industry. 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