Tag Archives: Entain

Entain Plc has extended its reach into sports media, announcing an acquisition of Israeli livescore media and football community 365scores. The FTSE100 gambling group has purchased the entire issued shared capital of 365 scores for an initial consideration of $150m (£120m), along with further contingent payments totalling up to $10m (£8m). By integrating 365scores into its portfolio, Entain will incorporate …

The coverage and impact of Australian bookmaker campaigns continues to be under the spotlight as part of an ongoing parliamentary inquiry into the industry’s societal impact. In a session beginning on 4 April at 8:30am AEST (10:30pm GMT, 3 April), legislators heard submissions from four operators, two sports leagues, government departments, and two trade associations, including Responsible Wagering Australia (RWA). …

It’s been almost five years since the US gambling industry opened up for business, and since May 2018, we have seen tremendous growth across the market with some big players taking the lead in asserting market dominance. One such player has been FanDuel, which recently emerged as the first US gambling company to reach profitability – considerably earlier than expected …

Entain’s upgrade of its UK retail portfolio continued this week as the Ladrokes and Coral parent company announced the opening of its 100th ‘Digi-Hub’ shop. Located in Muirhouse, Scotland, the revamp of the local bookmaker means that FTSE100 gambling group Entain is now 50% closer to its target of rolling out Digi-Hus across 200 venues by the end of 2024. …

Unikrn, Entain’s esports betting platform recently relaunched for the Brazilian and Canadian markets, has partnered with the BLAST Premier in a new sponsorship tie-up. Promoting Unikrn via the Counter Strike: Global Offensive (CS:GO) tournament organiser’s channels, the agreement will see the firm’s logo and branding incorporated across event coverage and promotions. This will include fan-led activations, social giveaways and broadcast …

TAB New Zealand (TAB NZ), the state-run agency with responsibility for overseeing regulated betting in New Zealand, has chosen Entain as its preferred partner. The partnership between TAB NZ and the FTSE100 gambling group is still subject to Ministerial approval – which the duo are working together to secure – and will run for 25 years should this be received. …

Gordon Moody has secured funding from the Entain Foundation, which will be the only financial backer of its two-year Alumni Project, a nationwide gambling support network. Entain’s support for the nationwide programme marks a continuation of its partnership with problem gambling treatment organisation Gordon Moody, with the duo having worked together for over six years. The FTSE100 gambling group’s cooperation …

The Supreme Court of New South Wales (NSW) has provided an update on the ongoing legal case Tabcorp has initiated against Entain. Presiding Judge James Stevenson has ruled that Tabcorp be granted access to documents relating to Entain’s partnership with the Australian Hotels Association New South Wales (AHA NSW). Tabcorp has now stated that it welcomes the Court’s decision and …

Nine international betting companies with keen interest in the developing Brazilian market have formed a responsible gambling association in anticipation of federal regulation later this year. The Brazilian Institute of Responsible Gaming (IBJR) has been established by bet365, Betsson Group, Betway Group, Entain, Flutter, KTO Group, Netbet Group, Rei do Pitaco and Yolo Group. André Gelfi, Managing Partner Brazil for Betsson …

Entain Plc’s leadership duo of CEO Jette Nygaard-Andersen and Deputy Rob Wood have notified investors that 2023 will be a tougher year for the FTSE100 gambling group’s UK arm.  Though the firm’s revenue make-up continues to be diversified via M&As, UK brands accounted for 27% of Entain’s online NGR – contributing approximately £840m of the group’s £3.3bn online NGR results …