Betfair to go public?


Will online gambling giant go public within the next two weeks?

The UK newspaper The Sunday Times has reignited rumours that online gambling giant Betfair is about to go public, reporting that the group is to announce a GBP1.5 billion public offering within the next two weeks.

If true, this would make the flotation one of the largest in Britain this year.

The exact price of shares is apparently yet to be determined, but Japanese technology investor Softbank paid GBP355 million for a 23 percent stake in 2003, from which the estimated value of GBP1.5 billion is derived by the newspaper.

Founders Ed Wray and Andrew Black would be the largest beneficiaries of the float; they own a combined stake of 25 percent of the company.

General Gambling News Gambling Law & Society News

Login to post a comment:


 
 

Click Here to register a new account

What's going on right now!

4mins ago someone from Puerto Rico played The Avengers

Casino Community

Share this page on:
Follow LCB on:
Follow LCB

Casino Of The Month

Casino of the Month

In the last 24h

Totals

  • New Members
    31
  • Members Online
    434
  • Guests
    2,267
Highest Community Rated Online Casinos
NextCasino
  (123 Ratings)
Bet365 Games
  (146 Ratings)
CasinoLuck
  (193 Ratings)
Betsson Casino
  (189 Ratings)
Unibet Casino
  (110 Ratings)
Slotty Vegas
  (85 Ratings)
Guts Casino
  (143 Ratings)
Redbet Casino
  (117 Ratings)
Spin Palace Casino
  (100 Ratings)
Betsafe Casino
  (165 Ratings)
Mr Green Casino
  (253 Ratings)
BitCasino.io
  (148 Ratings)
32 Red Casino
  (267 Ratings)
ComeOn Casino
  (204 Ratings)
Winner Casino
  (314 Ratings)
Liberty Slots Casino
  (142 Ratings)
Intertops Casino Classic
  (94 Ratings)
Thrills Casino
  (108 Ratings)
Vera John Casino
  (156 Ratings)
Casumo
  (108 Ratings)
Intertops Red Casino
  (104 Ratings)
Jetbull Casino
  (88 Ratings)
Sin City Casino
  (76 Ratings)
PlayHippo
  (62 Ratings)
BETAT Casino
  (171 Ratings)
Ladbrokes Casino
  (134 Ratings)
Slotland
  (262 Ratings)
Whitebet Casino
  (76 Ratings)
Llama Casino
  (16 Ratings)
3Dice Casino
  (225 Ratings)


Follow LCB on Facebook Follow LCB on Twitter Follow LCB on Pinterest Follow LCB on Google plus