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 …
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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 »Tabcorp and Entain go to court over NSW hotel deal
Tabcorp has taken rival Entain Australia to court, due to a deal the latter signed last month with the Australian Hotels Association New South Wales (AHA NSW). The case was initiated yesterday in the New South Wales (NSW) Supreme Court as a civil dispute, and is being presided over by Justice M Ball. According to Australian media reports, Entain and …
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 …
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