British gambling firm Entain has hired advisers to oversee the possible sale of several of its overseas brands, the Financial Times reported on Thursday.
These brands include Netherlands-based BetCity, which the gambling firm had bought last year, FT added.
The Netherlands last year proposed a plan for tighter deposit limits from the second quarter, which is expected to hit Entain’s annual revenue and profit, the company said earlier this month.
A local offshoot of Ladbrokes in Australia, Sweden-based Enlabs and Georgia-based CrystalBet are other brands that are not integrated into Entain’s main tech platform and under review, the report said.
