Tag Archives: Entain

UK Gambling PLCs take centre stage on Budget week

UK gambling will be at the forefront of global business headlines and further M&A speculation this week as its ‘big-three’ PLCs declare their end-of-year results having navigated the events of an unprecedented 2020.    Opening the FTSE bell on Tuesday 2 February, Flutter Entertainment will publish its 2020 financial results, with City and Wall Street eyes eager to gauge the …

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Entain confident of Enlabs takeover with new €365m cash offer

Entain Plc has revised its takeover bid for Enlabs AB by increasing its offer price from SEK 40 to SEK 53 per share.  The revised offer sees Entain propose a new €365 million deal valuation to Enlabs shareholders, with the FTSE100 firm underlining that its revised bid ‘is final and will not be increased’. Though approved by company chairman Niklas …

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New look Entain appoints Stella David & Vicky Jarman as corporate advisors

Entain Plc has this morning informed investors of new directorate changes governing the FTSE100 gambling group.  In an update to corporate stakeholders, Entain welcomed Stella David and Vicky Jarman as new independent non-executive directors. An expert in mass-market enterprise strategies, David is the former Chief Executive of heritage Scottish whiskey distillery William Grant & Sons (2009-2016) and has served as …

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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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Entain stands firm on Enlabs £250m buyout offer

The board of Entain Plc has stood by its recommended offer of SEK 40 (£3.50) cash per share, in its bid to acquire leading Baltic online gambling group Enlabs AB. This morning, Entain confirmed that it had extended its offer ‘acceptance period’ until the 18 March 2021, with the FTSE100 group further stating that it anticipates ‘deal settlement’ to commence …

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Harry von Behr: Spotlight Sports Group accelerates US expansion

Spotlight Sports Group

Harry von Behr, Managing Director (Sport) at Spotlight Sports Group, discusses the evolution of the company, the recent refresh of the group brand, key focus areas for 2021, and why it’s an exciting time to be involved in the US market – both through the provision of expert content for B2B partners and the successful rollout of customer facing website …

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Ulrik Bengtsson: Government has a duty to protect gambling from black market threats 

William Hill CEO Ulrik Bengtsson has stood by today’s publication of the PWC report on black-market threats impacting the UK gambling sector.  Commissioned by the Betting and Gaming Council (BGC) with the support of William Hill and Entain Plc – PWC’s industry report will be presented to DCMS as evidence in the department’s ongoing review of the 2005 Gambling Act. …

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Entain pursues Tabcorp’s floundering wagering units

Entain Plc has this morning issued a short statement confirming Australian media speculation that it has made a formal approach to acquire Tabcorp Holdings‘ ‘wagering and media’ assets.  The FTSE100 betting group said that ‘discussions were at an early stage’ and chose not to disclose any information with regards to its valuation of Tabcorp’s sports betting assets.  Entain stated that …

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Entain launches consumer representation initiative ‘The Player’s Panel’

Entain plc has launched ‘The Player’s Panel,’ a new initiative aimed at ‘giving consumers a voice’ on issues relating to betting and gambling in the UK. The Panel consists of a range of Entain’s customers from across the UK, who participate on a voluntary, unpaid basis. The members will interact with ‘political decision -makers, stakeholders and the media to give …

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Keith Laidlaw joins FSB advisory board

Keith Laidlaw joins FSB advisory board

FSB has strengthened its leadership team after confirming that Keith Laidlaw will join the company’s advisory board to support IT and technology strategy. The software provider lauded the technological experience of Laidlaw, who previously held senior level roles at Entain (formerly known as GVC Holdings), Party Gaming and OnGame. In his new role, he will work alongside Sam Lawrence, FSB’s …

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