Tag Archives: Jette Nygaard-Andersen

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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Entain shows Dutch hand acquiring BetCity.nl for €850m

SBC News Entain shows Dutch hand acquiring BetCity.nl for €850m

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). …

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Entain witnesses emissions reduction in 2021-22 ESG report

SBC News Entain witnesses emissions reduction in 2021-22 ESG report

Entain has witnessed a 7% reduction in absolute GHG emissions from 2020, as well as revealing a majority of its revenue stems from domestic regulated markets.  Publishing its 2021-22 ESG report, which sets out the firm’s approach to, and performance on, sustainability and ESG related issues, the operator revealed that, alongside the aforementioned, its UK and Republic of Ireland retail …

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Entain maintains confidence in 2022 outlook but Euro headwinds blur vision

SBC News Entain maintains confidence in 2022 outlook but Euro headwinds blur vision

Entain Plc’s 2022 performance began in line with corporate expectations, as its business units and brand portfolio are matched against tough 2021 like-for-like comparatives.  Publishing its Q1 2022 trading update, Entain reported that group NGR was up 31%. This, it said, was supported by the return of its retail unit performance which achieved a 1,000% NGR uptake against 2021 lockdown …

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Entain appoints Brian Lancey to refresh Unikrn esports brand

SBC News Entain appoints Brian Lancey to refresh Unikrn esports brand

Entain has hired Brian Lancey to serve as Chief Marketing Officer (CMO) of its Unikrn esports brand that will be re-launched later this year. An expert in enterprise marketing and brand development for new ventures, Lancey joins Unikrn’s leadership team from Mastercard, where he previously served as Global VP of Sponsorships and Consumer Marketing. Lancey will be charged with spearheading …

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Entain makes steps towards gender equality with pay gap reduction

SBC News Entain makes steps towards gender equality with pay gap reduction

Entain has detailed progress on its diversity and inclusion policies, as the company continues to chip away at the gender pay gap within its own operations.  Publishing its report into the Gender Pay Gap for 2021, the FTSE100 betting and gaming group explained that the median hourly pay gap between male and female employees stood at 5.3%, a reduction from …

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Entain leadership places innovation at forefront of 2022 duties 

SBC News Entain leadership places innovation at forefront of 2022 duties 

Entain Plc’s leadership duo of Group Chief Executive Jette Nygaard-Andersen and Deputy-CEO Rob Wood have outlined their shared objective to showcase the FTSE100 business’ innovation capabilities during 2022.  Innovation and organic growth were marked as ‘capital allocation priorities’ by Andersen and Wood, hosting yesterday’s Entain leadership conference call with investors and market analysts. The start of 2022 saw Entain maintain …

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Entain makes $300m Canada play acquiring Mohawk bookmaker Sports Interaction

SBC News Entain makes $300m Canada play acquiring Mohawk bookmaker Sports Interaction

Entain Plc has this afternoon confirmed that it has acquired leading Canadian sportsbook brand Sports Interaction by striking a  CAD300 million (£175m) deal to acquire operator Avid Gaming.  The FTSE100 gambling group brokered a deal with Middlebrook Investments Limited, the owner of Avid Gaming, whose Sports Interaction brand is licensed, to exclusively provide online gambling services for the Mohawk Council …

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Entain to probe NFTs and VR with £100m innovation hub

SBC News Entain to probe NFTs and VR with £100m innovation hub

Entain has announced the launch of its Ennovate  innovation hub, funded with a £100 million investment, in order to investigate emerging areas and collaborate with UK, European and global partners.  Underscoring an ambition to become a ‘global leader in innovative entertainment’, the FTSE100 gambling group has outlined plans for investigation of the Non-Fungible Token (NFT), Virtual Reality and Augmented Reality …

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Entain ups 2021 EBITDA guidance as units clear operating high bars 

SBC News Entain ups 2021 EBITDA guidance as units clear operating high bars 

Entain Plc has upped its expected full-year 2021 EBITDA results to be in the range of £875-to-£885 million, as the FTSE100 gambling group delivers on its high-growth targets.  Publishing a Q4 trading update, Entain cites that FY2021 group net gaming revenues (NGR) will be up 7% on corresponding 2020 results. Growth is attributed to the robust performance of its online …

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