Bet365, the world's largest private betting company, has been frequently rumored to be "going public" and "being acquired" in recent years, reflecting the capital dilemma of the online gambling industry and the succession challenges of family businesses.1. Rumor Origin: The "Hundred Billion Sell-Of
Gambling giant Bet365 is considering selling its business to bring in £9 billion in cash for the Coates family.According to The Guardian, informal discussions are underway within the company, weighing options such as selling, IPO, or partial sale. The company is reportedly valued at £9 billion.Under
While the initial plan anticipated the start of the stock market operation for today, Thursday, March 13, it was decided to wait until, at least, after Easter.Spain.- Blackstone, owner of Cirsa, has decided to postpone the company's IPO, initially scheduled for before Easter, due to geopolitical unc
Cirsa IPO on Hold as Blackstone Reacts to Market UncertaintiesLate last month, we reported that the private equity firm, Blackstone, may consider introducing initial public offering (IPO) for Cirsa, the leading Spanish gambling company. Going public on Madrid’s stock exchange may raise between $746
Grupo CIRSA, a Spanish gambling operator owned by Blackstone, has received regulatory approval to acquire a 68% majority stake in CasinoPortugal.pt.The acquisition, initially proposed in September 2024, was approved by Portuguese regulatory bodies, including the Competition Authority (AdC), the Comi
The parent of the Okada Manila casino resort (pictured), in the Philippine capital, has shelveda plan for a backdoor listing of shares in the company that runs the complex, according to a Friday filing.Philippines-based Tiger Resort, Leisure and Entertainment Inc (TRLEI) is responsible for the opera
Dabble Onboards Former Tabcorp Executive as CSCODabble, a fast-growing social betting platform, has appointed Brenden Varcoe, an experienced executive with extensive experience in the gaming, sports, and entertainment sectors, to the newly created role of chief strategy and commercial officer (CSCO)
U.S. private equity giant Blackstoneplans to list shares of Cirsa, a Spanish gaming company, on the Madrid stock exchange in the first half of 2025, aiming to raise between €700 million and €1 billion ($732 million to $1.1 billion), according to Spanish newspaper Expansión. The listing is expected
Private equity investor Blackstone plans to list shares of Spanish gambling company Cirsa in the first half of 2025 in an initial public offering, local newspaper Expansion reported on Monday, citing unidentified market sources.Blackstone would raise between 700 million euros and 1 billion euros ($7
Blackstone Plans Spain IPO for Cirsa in 2025Blackstone, the US-based private equity firm, is getting ready to put some of its shares in the Spanish gambling company Cirsa on the Madrid stock exchange at the start of 2025.IPO Planned as Blackstone Eyes €700M to €1B Market ValuationThe company wants t
Although no specific date has been set, the company highlights that the current market scenario is not the most favorable for making that decision.Spain.- Grupo Cirsa maintains its plans to go public, although it has not yet set a concrete date to do so. The company continues to evaluate market cond
High Roller Technologies, the operator of online casinos High Roller and Fruta,announced the closing of its initial public offering of 1,250,000 shares of its common stock at a public offering price of $8.00 per share, for gross proceeds of $10 million, before deducting underwriting discounts and of
High Roller, the operator of highroller.com and fruta.com, announced Thursday the closing of its initial public offering of 1,250,000 shares of its common stock at a public offering price of $8.00 per share, for gross proceeds of $10 million before deducting underwriting discounts and offering expen
Dabble Considers Going Public to Take Its Growth to the Next LevelDabble, a revolutionary social betting platform in Australia and a daily fantasy sports operator in the US, is said to be considering the next stage of its growth. An initial public offering (IPO) and sale of the business seem to be o
The company maintains its interest in going public, but there is still no defined date.Spain.- Cirsa continues its plans to go public, but is waiting for market conditions to improve, there is still no defined date although it is estimated that if the market responds favorably, the company could lau
On July 16, 2024, multiple media reported that Philippine casino operator Hann Resorts Inc was seeking to pass an initial public offering (IPO). ) raised approximately $200 million. According to global news outlet Bloomberg, citing people familiar with the matter, Hann has hired investm
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