Tag Archives: Entain

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 …

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 …

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 …

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 …

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 …

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 …

EveryMatrix has secured a significant deal in the US, signing an agreement with Entain and MGM Resorts’ joint venture, BetMGM.  The partnership will see the Malta-based B2B betting and igaming firm provide BetMGM with content from its in-house Spearhead Studios and Armadillo Studios in the New Jersey market.  This will include the ‘The Lioness with Amanda Nunes’, which is themed …

Betway has moved to bolster the payment options available to its UK customers, expanding the scope of its partnership with global account-to-account (A2A) transactions provider Trustly. The enhanced deal will see the Super Group online sports betting and gaming brand leverage Trustly’s open banking product, as the fintech service increases in popularity in the UK.  For Trustly, the agreement marks …

The board of Entain Plc has confirmed the appointment of Rahul Welde as an Independent Non-Executive Director (NED) of the FTSE100 global gambling group.  Welde is the current Executive Vice President of Global Digital Transformation for Unilever plc, which is recognised as the FTSE’s biggest fast-moving consumer goods (FMCG) company and the overall index’s fourth most valuable company. Entain branded …

Entain Plc has agreed to acquire BetEnt BV, the Dutch licensed operator of BetCity.nl, in a move to secure a leading presence within the Netherlands’ newly regulated online gambling regime. This morning, FTSE100 Entain announced that it had entered a deal to acquire BetEnt’s entire share capital from owner Sports Entertainment Media BV for an initial consideration of €300m (£257m). …