Tag Archives: Entain Plc

Gibson & Nygaard-Andersen double Entain shareholding in sign of strategic confidence

SBC News Gibson & Nygaard-Andersen double Entain shareholding in sign of strategic confidence

Entain Plc has notified stakeholders of major share purchases initiated by leadership and board members as a sign of confidence in the long-term prospects of the FTSE100 gambling group.  A notification of share transactions on 8 November detailed that Chairman Barry Gibson had purchased 93,600 Entain shares. The transaction, valued at approximately £870,000, sees Gibson increase his personal shareholding in …

Read More »

AiDP: Women breaking barriers in sports wagering but vulnerabilities remain

SBC News AiDP: Women breaking barriers in sports wagering but vulnerabilities remain

The All-In Diversity Project (AiDP) has completed an industry-specific research collaboration in partnership with Entain Plc, Flutter Entertainment, and Stats Perform, examining the participation of women in sports betting. The industry non-profit, focused on workplace diversity, inclusion, and equality (DIE), has published the findings of its report titled “Breaking Barriers: Assessing Women’s Sports, Betting, and Integrity Challenges”. The study was …

Read More »

Entain 2022 growth dampened by flat online results

Jette Nygaard-Andersen takes charge of Entain as new CEO

Entain Plc remains confident of its growth strategy and product diversification across new and established markets in 2023, after achieving broad revenue growth last year. The FTSE100 international gambling group revealed this morning that in total it achieved revenue growth of 12% in 2022 to $4.3bn (2021: $3.8bn), driving a 11% uptick in gross profit to $2.7bn ($2.4bn). Accompanying this …

Read More »

Entain hails ‘global appeal’ of F1 wagering

SBC News Entain hails 'global appeal' of F1 wagering

Formula 1 (F1) has registered a ‘huge surge in popularity’ with sportsbook punters according to data by Entain Plc. Providing insights on F1 markets between 2018 and 2022, Entain detailed that the total number of customers betting on F1 had increased by 50%, with F1 wagering growing approximately 30% each season.  F1’s growing popularity with betting audiences coincides with the …

Read More »

Entain launches new CEE venture in partnership with EMMA Capital 

entain supersport croatia

Entain Plc has disclosed its plans to become the leading Central and Eastern European betting business by launching a new venture, ‘Entain CEE’. As announced this morning in the FTSE100’s gambling group’s H1 2022 Interim results, Entain has agreed to acquire a majority stake in leading Croatian betting group SuperSport for €600m. The deal will see Entain acquire a 75% …

Read More »

MGM targets $607m takeover of LeoVegas to move igaming vision beyond US shores

SBC News MGM targets $607m takeover of LeoVegas to move igaming vision beyond US shores

The board of LeoVegas AB has ‘unanimously recommended’ to investors an SEK 61 (€5.90) cash-per-share takeover offer submitted by US casino and entertainment group MGM Resorts. Publishing deal terms this morning, LeoVegas has advised shareholders to accept MGM’s offer, which has placed a 44% premium on the firm’s SEK 42.3 (€4.10) closing price on the Stockholm Nasdaq as of Friday, 29 …

Read More »

Playtech launches bespoke live studio gameshow ‘Well Well Well’ for Ladbrokes 

SBC News Playtech launches bespoke live studio gameshow ‘Well Well Well’ for Ladbrokes 

Playtech has launched an exclusive live gaming show ‘Well Well Well’ for Ladbrokes, the flagship UK property of FTSE100 gambling group Entain Plc. Live-streamed from Playtech’s state-of-the-art studio in Riga, Latvia, the offer has been cited by the firm as one of its ‘most complex bespoke games developed to date’ for Ladbrokes customers. Playtech outlined that all game components were …

Read More »

More German woes as Frankfurt court backs gambler’s claim against online casino losses

SBC News More German woes as Frankfurt court backs gambler’s claim against online casino losses

A flood of lawsuits could be on the horizon for German online gambling incumbents, as the High Court of Frankfurt supports a ruling that an online casino customer was entitled to reclaim losses. Brought to light by German weekly news magazine Spiegel, a gambler from the region of Hesse had made a claim against a ‘Malta-based operator ‘declaring that his …

Read More »

Robert Hoskin – No time for cynics Entain leads global gaming on ESG fronts

Robert Hoskin, Entain CGO

Environmental, Sustainability and Governance (ESG) initiatives are a growing focus of corporations across all mass market sectors. Though cynics may argue that the policies function largely as a public relations exercise, for Robert Hoskin this is far from the case.  To date Hoskin’s career reflects the ever-changing landscape of igaming, witnessing first-hand PartyGaming’s transition through subsequent M&As with Bwin, GVC …

Read More »