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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The new funds, expected by the end of October, will also be used to maximise liquidity and “provide further balance sheet flexibility”, the betting firm said