March 25, 2022
Bet365 Group, the owner of Championship side Stoke City FC, has announced that it is reducing the debts of the club’s holding company by £160million. In looking to underline the owner’s continuing long-term commitment to the club and its funding, the firm converted £40million of shareholder loans into equity in Stoke City Holdings Limited and have also waived £120million of …
Read More »March 4, 2022
Bet365 Group has experienced a bounceback from COVID-19, with the company reporting that profits remain high despite the amount wagered on sports across its platform falling last year. Issuing its financial statement covering the 12 month period ending on 28 March 2021, the Stock-on-Trent-based operator revealed that the amount wagered on sport on the bet365 website fell by 13%. Despite …
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