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Crown to sell CrownBet to shareholders for $150m
In a continuation of their current course of selling off assets, Australia’s Crown Resorts has reportedly offered up their majority stake in one of the country’s largest sports betting operations to shareholders including CrownBet founder and CEO Matthew Tripp.
The deal, worth A$150 million, is part of an ongoing effort announced Dec. 14 that could see Crown Resorts eliminate debt and ra…