Tag Archives: Entain

Entain Plc has completed its acquisition of leading Croatian bookmaker SuperSport, keeping track on its growth ambitions in Central and Eastern Europe (CEE). Completed via the FTSE100 global betting and gaming group’s Entain CEE division, the takeover strengthens Entain’s foothold in the ‘highly attractive’ Croatian market, as SuperSport joins Entain’s enlarged CEE portfolio of Optibet (Estonia/Latvia) and Totolotek (Poland). Terms …

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 …

The FIFA 2022 World Cup is now just a few days away, and Entain projects that the tournament will be a resounding success for sportsbooks. A ‘record number of actives, bets, stakes and first-time-deposits’ is expected by the Ladbrokes and Coral operator, as its brands prepare for the event with new products and promotions. This includes Ladbrokes’ Half Time Quiz …

Entain Plc has launched its first African markets venture, debuting its flagship international sportsbook brand, bwin in Zambia. bwin announced its Zambian entry at the Radisson Blu Hotel in Lusaka, where Entain proclaimed to local media its “commitment to promote sports and tourism” in the East African nation. Interim trading saw Entain leadership reveal to investors the FTSE100 firm’s intent …

Entain has announced that its Ladbrokes and Neds brands are to no longer appear on shirts of sportspeople in Australia. The move is part of a greater reduction in the company’s sponsorship of sport following a growing backlash against gambling sponsorships of sports teams. Entain spoke to The Sydney Morning Herald: “While we have had many great partners in this …

Sportsbet and bet365 have found themselves under a regulatory spotlight in Australia, as the country’s financial watchdog continues its ‘extensive supervisory campaign’. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has ordered the appointment of external auditors to assess both companies’ compliance with national money laundering and anti-terrorist financing legislation. AUSTRAC states that the end objective of the audit is …

Several media rights distribution deals for the Melbourne Cup and Breeders Cup, two of Australia and North America’s flagship racing fixtures, have been signed by HBA Media. Of significance to UK viewers, HBA has signed another contract with ITV, marking the return of stateside racing content to the free-to-air channel, as the network makes its second broadcast of the Breeders …

Entain Plc has announced the launch of its ‘Drive for Diversity’ programme to empower women to succeed in technology-related fields. Announced this week as part of the Entain Sustain conference, the group has added Drive for Diversity to its corporate social responsibility and ESG agenda. Formula 1 partner McLaren Racing has joined the programme as part of a “mutual commitment …

Entain has celebrated the development and coverage of its ‘Advanced Responsibility and Care’ (ARC) programme which operates across 22 active markets.  Hosting its second annual ‘Entain: Sustain’  ESG event, ARC was branded as a game changer for safer gambling, providing real-time predictive modelling on customer behaviour and engagement with products. The programme’s proprietary built ‘Protector Model’ is reported to have …

Entain Plc has successfully executed the pricing and allocation of a ‘New Term Loan‘ that will provide the FTSE100 gambling group $1bn in funds available to support its global growth initiatives.  A corporate financing measure announced by Entain governance during H1 trading, the new term loan has been allocated as a “$1,000m First Lien Term Loan B in USD set …