Tag Archives: Enlabs AB

Entain launches data driven player protection initiative

Entain, the holding company behind Ladbrokes and Coral, has launched the initial stage of a new player protection initiative based on data and analytics. The new preventative approach has been named ARC (Advanced Protection and Care), and has used behavioural indicators to identify players potentially at risk. The firm is now developing models using more than three times the previous …

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US investor demands that Entain revise £250m Enlabs offer 

Entain Plc faces a shareholder clash in its £250 million pursuit to acquire leading Baltics online gambling group Enlabs AB. Texas hedge fund Alta Fox Capital Management, the owner of 3.3% of Enlabs shareholding, has said that it will refuse to sell any shares to Entain at the recommended offer of SEK 40 (£3.50) per share. Led by US investor …

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Entain eyes Baltic opportunities with £250m Enlabs offer

Entain Plc has published the terms and conditions of its ‘recommended offer’ to Enlabs AB shareholders, as the FTSE100 gambling group seeks to expand its Baltic market footprint. Updating the market, Entain has proposed a cash offer of SEK 40 per Enlabs share on the Nasdaq Nordic exchange, valuing its latest M&A target at SEK 2.8 billion (approximately £250 million).  …

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