Entain has moved forward with its Baltic expansion plans, securing ‘all the necessary approvals’ from relevant competition and gaming regulatory authorities for the takeover of Enlabs. As a result, the condition for the completion of the group’s offer regarding the receipt of all necessary regulatory approvals has been met. However, the firm – which operates Ladbrokes and Coral – has …
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Entain Plc has announced the first clubs to secure vital COVID grants through its ‘Pitching In’ grassroots scheme in partnership with the three Trident Leagues – The Isthmian, Northern Premier and Southern League. The Pitching In programme was formed last December as a social directive of Entain’s new corporate charter, with the FTSE100 betting group establishing its new ‘Trident Community …
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Scientific Games Corporation (SGC) has announced a major contract renewal, as its SG Digital unit will continue to power the iGaming portfolio of FTSE100 gambling group Entain Plc. Updating investors, SGC confirmed that SG Digital has secured a further three-year extension to its existing partnership, which will see Entain’s brands continue to be serviced by the OpenGaming ecosystem as lead …
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The fight for women’s equality has come a long way since the Suffragette movement in the UK, or the women’s marches which took place in the US back in 1908. But in 2021, there is still more that needs to be done – especially when it comes to improving gender representation within the tech sector. To mark International Women’s Day …
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Entain, the holding company behind Ladbrokes and Coral, has announced a new commitment to sustainable energy, pledging to become completely carbon neutral by no later than 2025. The operator will reduce and offset emissions within its own operations, in addition to cooperating with suppliers to decarbonise its supply chain. The group currently maintains a 24,000-strong workforce spread across 4,5000 retail …
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Sportradar has completed the acquisition of personalised messaging platform Fresh Eight, whose current operator clients include FanDuel, Entain, William Hill and LeoVegas. The acquisition is a further boost to Sportradar’s suite of marketing services, which already includes ad:s – a platform providing highly targeted programmatic advertising for betting and gaming businesses. Sportradar said that the Fresh Eight deal strengthens its …
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Entain Plc has swung back into the black with the group’s expansion into regulated markets along with its pivot towards online betting offsetting the impact that COVID-19 has had retail operations. Publishing its full-year results for the period January – December 2020, Entain declared revenues of £3.56 billion, a ‘flat’ change from the £3.57 billion recorded in 2019. Underlying EBITDA …
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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 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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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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