Big plans are underway at Entain, according to two of the group’s leading executives in separate investor presentations, providing analysis of the company’s partnership with TAB NZ and acquisition of 365scores. Entain expects these plans to bring about EBITDA of between £15m-£20m in 2024 and subsequent growth by 2025 of 50%. In their respective presentations, Dean Shannon and Sameer Deen …
Read More »Tag Archives: Dean Shannon
Entain takes wagering control of reorganised TAB NZ
Entain Plc has significantly bolstered its presence in Oceania following the approval of its strategic partnership with TAB NZ by the New Zealand Minister for Racing. TAB NZ had chosen Entain to serve as ‘preferred partner’ to provide technology systems for the management of Racing New Zealand’s (Racing NZ) wagering, retail and broadcast offering on 28 March. Partnership terms have …
Read More »Entain named TAB NZ preferred partner in boost to Oceania operations
TAB New Zealand (TAB NZ), the state-run agency with responsibility for overseeing regulated betting in New Zealand, has chosen Entain as its preferred partner. The partnership between TAB NZ and the FTSE100 gambling group is still subject to Ministerial approval – which the duo are working together to secure – and will run for 25 years should this be received. …
Read More »Entain to compete with Tabcorp in NSW hotel sector via advertising deal
Entain has secured an advertising and sponsorship partnership between its Australia-facing brand and the New South Wales hotel network. Signed between Entain Australia and the Australian Hotels Association New South Wales (AHA NSW), the deal enables the FTSE100 international gambling group to promote the Ladbrokes and Neds digital betting brands in hotels and pubs. This is not the first agreement …
Read More »Report: Entain Australia targeting status as ‘fully fledged media business’
Entain Australia is developing a media arm, as reported by The Sydney Morning Herald, which will manage a suite of online television channels. The newspaper reported today that Entain has created four online horse and greyhound racing channels and is producing both written and video content – the latter in the form of documentaries. One of the documentaries will focus …
Read More »Entain extends Australia-facing content deal with Racing and Sports
Racing and Sports (RAS) has secured a five-year extension to its contract with Entain, as it continues to provide racing content to the firm’s Australian businesses. The deal will see the FTSE100-listed global betting and gaming group utilise RAS’ throughout racing content across its Ladbrokes, Neds, Betstar and Bookmaker brands Australia. This will include coverage from ‘major racing jurisdictions’ and …
Read More »GVC secures global racing partnership with BetMakers
GVC Holdings has strengthened its commitment to racing after securing a new global racing partnership with Australia-based BetMakers Technology Group, which will roll out BetMakers’ technology and wagering products rolled out in Australia and other international markets. Under the terms of the new agreement, BetMakers has confirmed that it will continue to service GVC Australia brands. However, it has now …
Read More »GVC appoints Dean Shannon as Australia CEO
The governance of FTSE250 GVC Holdings Plc has this morning confirmed the appointment of Dean Shannon as inbound Chief Executive of its Australian division. Shannon will succeed Jason Scott as leader of GVC’s Australian business unit, overseeing the corporate development of ‘Ladbrokes Australia’ and ‘Neds’ brands. Prior to the appointment, Shannon has maintained a close relationship with GVC, serving as an …
Read More »GVC boosts Aussie muscle acquiring Neds International for £37 million
FTSE100 gambling group GVC Holdings has expanded its profile within the Australian online betting scene after acquiring Neds International (Neds – neds.com.au) for an initial sum of AUS $68 million (£37 million). A relatively new entrant within the Australian online betting scene, having launched in 2017, Neds has established itself as a dynamic incumbent achieving reported wagers of AUS $1 billion …
Read More »Ladbrokes Australia confirms ‘Player Props’ partnership with Digital Sports Tech
Ladbrokes Australia has become the second Australian bookmaker to integrate Digital Sports Tech’s (Digital Sports) ‘Player Props’ offering, a product which allows customers to create and customise their own bets on player performance across a range of statistics and sports, all in real time. Updating the market, Ladbrokes confirmed its B2B partnership with Digital Sports, becoming the second bookmaker to …
Read More »