Bet365: We Have No Plans to Merge
Key Takeaways
  • Bet365 made £409.3 million ($620 million) in operating profits in the financial year.
  • A source close to the company said that it had no interest in the current industry fashion for mergers and acquisitions.
  • Bet365 will “just kind of get on with our own thing.”

Bet365 made £409.3 million ($620 million) in operating profits in the financial year which ended on March 31, 2015. The 27% rise in profits compared to the previous year came off the back of a 15% rise in revenues to £1.47 billion ($2.23 billion).

A source close to the company said that it had no interest in the current industry fashion for mergers and acquisitions.

Bet365 will “just kind of get on with our own thing,” the source told the Financial Times.