ators Ladbrokes are in talks to acquire online betting exchange Betdaq.
Following media speculation about a potential deal, a Ladbrokes statement said: "Negotiations are ongoing though at this stage there is no certainty that an agreement will be reached.”
Press reports have suggested that a takeover worth around £30m is being discussed, with a conclusion believed to be a few weeks away.
Betdaq were founded in 2000 by Irish billionaire Dermot Desmond.