Tag Archives: Entain

Entain keeps post-H1 consensus ahead of critical portfolio refresh

Jette Nygaard-Andersen takes charge of Entain as new CEO

Entain Plc has reported that it continues to achieve strategic objectives, as its business benefits from a ‘broader recreational customer base’ across regulated markets. Publishing its Interim 2022 trading results, the FTSE100 gambling group declared a ‘robust H1 performance’ against challenging global economic and regulatory headwinds. H1 trading saw Entain generate group net-gaming-revenues (NGR) of £2.11bn, up 18% on comparative …

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Entain boosts grass roots sports with extended investment of Trident Leagues

SBC News Entain boosts grass roots sports with extended investment of Trident Leagues

Entain and the Trident Leagues have extended their community sports investment-based partnership, providing ‘critical funding’ to the Northern Premier, Isthmian and Southern leagues. Backed by the Entain Foundation under the ‘Pitching In’ banner, the funding covers all 248 clubs that make up steps three and four of the national league system. The group initially launched the Pitching In partnership in …

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Entain: Lionesses’ roaring success translating to the betting slip

SBC News Entain: Lionesses' roaring success translating to the betting slip

Bettor engagement with the UEFA Women’s Euros is at an all time high according to Entain, which has detailed record bets placed online, particularly in the UK. The international betting and gaming group has taken over 1.5 million online betting slips on the UEFA Women’s Euro 2022, with bettor engagement apparently strongest in the UK, where England is the host …

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EPIC independently funds education delivery to 35k UK students in 2021/22

SBC News EPIC independently funds education delivery to 35k UK students in 2021/22

In tandem with an expansion of its transatlantic operations, EPIC Risk Management has reported success in its founding country. The gambling harm minimisation consultancy detailed that during the 2021/22 financial year it reached a total of 34,759 students across UK schools and colleges with educational material, funded independently without industry contributions. Of this total, 13,821 students across 84 state schools …

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Report: Entain Australia targeting status as ‘fully fledged media business’

SBC News 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 …

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Entain fills C-level vacancies as new CTO and CCO confirmed

SBC News Entain fills C-level vacancies as new CTO and CCO confirmed

Entain has bolstered its senior leadership, making two internal promotions to appoint a new Chief Technology Officer (CTO) and Chief Commercial Officer (CCO). The vacancies will be filled by Shailendra Maurya (CTO) and Dominic Grounsell (CCO), two established members of Entain’s management team, having worked at the company for four years and three years respectively. Maurya’s tenure with the FTSE100 betting …

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Entain extends Australia-facing content deal with Racing and Sports

SBC News 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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Unibet ‘acknowledges bonus issues’ shortly after market re-entry

SBC News Unibet 'acknowledges bonus issues’ shortly after market re-entry

Unibet has encountered operational issues in the Netherlands, just one month after securing re-entry to the country’s online betting market.  Bettors holding accounts with the Kindred Group sportsbook brand have apparently been experiencing ‘problems’ with bonuses provided by the operator.  Issuing an update, the Dutch Gaming Authority, Kansspelautoriteit (KSA), stated that it has been in contact with Unibet after receiving …

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Jette Nygaard-Andersen: M&A continues as key to Entain’s growth

Jette Nygaard-Andersen takes charge of Entain as new CEO

Following its Q2 2022 earnings update, Entain has detailed continued focus on its M&A strategy as well as sustainability, as regulatory judgements in the UK loom.  Sharing their perspectives in an investor earnings call, group CEO Jette Nygaard-Andersen and CFO Rob Wood explained that the FTSE100 gambling firm’s acquisition strategy was ‘active as ever’.  Assessing Entain’s global operations, Nygaard-Andersen pointed …

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Entain H1 scarred by tough macro storms impacting online unit performance

SBC News Entain H1 scarred by tough macro storms impacting online unit performance

Entain Plc’s trading momentum has dragged amid a tougher regulatory backdrop and a weaker macroeconomic environment reducing customer spend. The bellwether for online gambling PLCs this morning published a snapshot interim 2022 trading update, which saw the FTSE100 group maintain NGR growth of 18%. Group growth was attributed to robust retail trading as Ladbrokes Coral and Eurobet Italia units recorded …

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