Entain hikes guidance as betting shops reopen
Online sports betting revenues were up 65% in the second quarter compared to a year ago, when many sporting events were cancelled
Company
Entain PLC
LON:ENT
Entain PLC, formerly GVC Holdings, is one of the world’s largest sports betting and gaming groups, offering sports betting, casino, poker and bingo and operate some of the industry’s largest online brands including bwin, Sportingbet, partypoker, partycasino and Foxy Bingo. In March 2018, as GVC, the group acquired Ladbrokes Coral to become the UK’s largest high street bookmaker, adding retail and online gaming brands, Ladbrokes, Coral and Gala to the portfolio. The Group, headquartered in the Isle of Man, has licences in more than 20 countries and has been trading since 2004, when it started out on AIM as a provider of services to the online gaming industry.
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Ladbrokes parent Entain and Jet2 in Thursday’s spotlight whether its coming home or not
Entain and Jet2 are notable names in the diary, along with pub firm Fuller, Smith and Turner
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Entain says England fans singing Allez Les Bleus ahead of Euro 2020
Gamblers in countries such as Belgium, Croatia, France, Spain and Germany tend to favour their own national side more than punters in England. I wonder why ...?
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“If MGM were to win the casino license and sports betting were to be legalised, we believe Entain could work with MGM to develop this market,” said broker Peel Hunt
Entain ups ante for Aussie betting firm Tabcorp
It follows up an approach by Entain back in February.
Entain highlights strength of online operation as retail revenues collapse during lockdown
The owner of Ladbrokes has also unveiled a plan to allow over 22,500 employees to invest in the business
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FTSE 100 ends within a whisker of 7000 after new records for Wall Street
The UK blue chip index edged closer to key level as US markets hit highs after positive US retail sales and jobless claims
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Asos and Ladbrokes owner Entain will show lockdown divergence between online and off
Other results and updates are scheduled on Thursday from Dunelm Group, Ferrexpo, OSB Group and Winkworth
Entain expands markets where it operates by 30% after acquisitions
The group has completed deals to buy two European operators, Bet.pt and Enlabs AB
Entain best bet in US online gaming suggests JP Morgan
Estimates of the total addressable market (TAM) for US online gaming vary greatly
Entain gets regulatory green light for Enlabs takeover
The owner of Ladbrokes is currently offering 450p per share, valuing the Baltic gaming group at around £316mln
Entain vows to reach net-zero carbon emissions by 2035
The Ladbrokes owner is planning to further expand into regulated markets and is still awaiting approval for the Enlabs bid
Entain, William Hill and Aviva among names in Thursday’s busy diary
Thursday promises a busy morning of announcements in London.
Entain raises offer for Enlabs by a third to quell objections
The offer is SEK53 (£4.50) per share valuing the Swedish group at SEK3.7bn (£316mln).
Entain faces battle to buy Australia's largest sports betting firm
Tabcorp's Wagering & Media arm made A$2.1bn in the year to end-June 2020, mostly from bets on horse racing
Entain and 888 Holdings' upside from US gambling market not accounted for in share prices, says broker
Peel Hunt is forecasting that the US sports betting and online gaming market will bring in US$5.7bn in revenues in 2021, rising to US$8.6bn in 2022 and US$11.4bn in 2023
Entain makes each-way bet with new CEO and deputy CEO appointments
The Ladbrokes owner's new Danish boss previously headed up broadcasting, esports and satellite businesses