Is Bet365 a UK company?

BET365 Group Limited engages as an online gambling company. The Company provides a range of betting opportunities for various sports, including football, horse racing, tennis, cricket, and basketball, as well as casino, games, poker, and bingo rooms online. Bet365 Group operates throughout the United Kingdom.

Will Bet365's investment in the US market pay dividends?

A key theme of Bet365’s revenue report for FY2022-23 was its investment into the US market. Ed Birkin, senior analyst at H2 Gambling Capital, believes this outlay could end up paying dividends. While the most prominent figure in the operator’s report was its £61.2m (€71.0m/$77.6m) loss, Bet365 also recorded significant revenue growth.

Why does Bet365 have a drop in market share?

Birkin believes larger operators have floated the idea of stagnation in the market as an answer to their drop in market share, which is more likely down to increased regulatory pressure. “We estimate that Bet365 have around 10% market share across the online betting and gaming market in the UK,” Birkin says.