MELBOURNE - [AAP] Casinos operator Crown Resorts (ASX: CWN) is in talks over the future of its stake in joint-venture online wagering business, CrownBet.

Media reports say a merger between CrownBet and UK-based bookmaker William Hill could be on the cards.

Crown Resorts has confirmed it is in talks over its 62 per cent stake in CrownBet.

"Crown evaluates opportunities regarding its investments from time to time," Crown said in a statement to the share market on Friday.

"Crown confirms that it is in discussions concerning its interest in CrownBet.

"There is no certainty as to whether any transaction will eventuate."

The Australian newspaper has reported that CrownBet and William Hill are believed to have had in-depth discussions on a potential transaction.

Shares in Crown Resorts were 19 cents, or 1.5 per cent, lower at $12.32 at 1049 AEDT.

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