Online gambling firm bwin.party says talks about selling all or part of its business have moved into a serious stage.
The company said it was considering a range of proposals from interested parties.
Canada’s Amaya Gaming, which recently purchased PokerStars and Full Tilt Poker, was rumored to be one of the interested parties. Bwin’s chairman Philip Yea confirmed to Reuters, however, that the company was considering a number of offers.
“The board has entered into a further stage of discussions with each party with a view to assessing the relative attractions of these proposals,” he said.
The company reported a net loss of 94 million pounds for 2014.
Bwin posted a 6 percent drop last year in underlying earnings before interest, tax, depreciation and amortization to 101.2 million euros. Revenue last year fell to 612 million euros from 652 million in 2013, Reuters reported.
Bwin officials have blamed softness in the European poker market for part of the decline.
