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Casino City’s Friday Five: Selling of a giant company edition 2kw4h

2 May 2025

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The owners of bet365 has started to ponder the idea of selling. Before we dive into those details, there are some other stories that need our attention. We have a pair of six-figure jackpot winners, WSOP online expanding, an Atlantic City resort celebrating its seventh birthday, and a darts ban for match fixing.

Let’s begin with some big hits:

5. Mohegan Sun guest wins $627,479
A trip to Connecticut on Easter weekend paid off for one lucky guest.

On 19 April, a Mohegan Sun guest was playing on the new Squid Game slot machine, located in Casino of the Sky, when they hit a massive $627,479 jackpot. The guest was betting $10 at the time the jackpot was won.

A week later in Florida, another six-figure slot win occurred.

A guest at Caesars Entertainment expands WSOP Online
Earlier this week, Caesars Entertainment announced an expansion of the WSOP Online poker platform, now pooling liquidity in Pennsylvania with its three existing jurisdictions: Nevada, New Jersey and Michigan.

The move positions Caesars as the first online poker operator to share liquidity across four U.S. jurisdictions, establishing WSOP Online as the only platform in the U.S. where players from all four states can compete in the same player pool.

In addition to the announcement of shared liquidity across another jurisdiction, Caesars unveiled the 2025 WSOP Online Bracelet schedule. The schedule will once again feature 30 bracelet events coinciding with the 56th annual World Series of Poker.

The first Online Bracelet event kicks off on 31 May with a total of five live final tables, and the final event begins on 15 July.

1. A potential sale of bet365
The online gambling giant, bet365, is toying with the idea of selling.

The Guardian reported that Denise Coates, has had discussions with several Wall Street banks and U.S. advisors regarding the potential sale, which could be worth £9 billion.

If selling to a private equity firm is the play, the Coates family could still have a stake in the company once a deal is finalized.

Last year, the online gambling business brought in £627 million in profits before taxes. It is massive overseas, but bet365 still has strong activity in the U.S., being live in 13 states.
Casino City’s Friday Five: Selling of a giant company edition is republished from casinocitytimes.casinowinning.net.
Dan Ippolito

As Casino City's associate editor, Dan produces and edits all of our weekly newsletters, and writes about the gaming industry for our websites and the GPWA Times Magazine. Dan graduated from Marist College in 2017 with a degree in Communications and a concentration in Sports. Email him at [email protected], or follow him at @casinocity_dan on Twitter.
Dan Ippolito
As Casino City's associate editor, Dan produces and edits all of our weekly newsletters, and writes about the gaming industry for our websites and the GPWA Times Magazine. Dan graduated from Marist College in 2017 with a degree in Communications and a concentration in Sports. Email him at [email protected], or follow him at @casinocity_dan on Twitter.